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Natural Resource Partners reports $30.7M net income in Q4'17

Natural Resource Partners LP on March 1 reported net income of $30.7 million, or $1.26 per unit, in the fourth quarter, compared with $3.5 million, or 28 cents per unit, a year earlier.

The S&P Capital IQ consensus normalized earnings estimate for the fourth quarter was $1.03.

Revenue was $101.1 million, compared with $88.1 million in the same quarter a year earlier.

For the full year, GAAP net income was $88.7 million, or $3.96 per unit, compared with $96.9 million, or $7.78 per unit, a year earlier. The full-year S&P Capital IQ consensus normalized earnings estimate was $4.87 per unit.

Full-year revenue was $378.0 million, compared with $400.1 million a year earlier.