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CNR — Core Natural Resources News Story

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Core Natural Resources Q3 adjusted EBITDA beats expectations

Overview

Core Natural Resources Q3 adjusted EBITDA beats analyst expectations

Company reported Q3 revenue of $1.0025 bln

Core returned $24.6 mln to stockholders via buybacks and dividends

Outlook

Core anticipates improved performance at West Elk due to better coal quality

Company expects Leer South restart to enhance metallurgical segment contributions

Core gears up for significant performance improvement in 2026

Result Drivers

SALES EXPANSION - Expanded committed sales position in high calorific value thermal and Powder River Basin segments at favorable margins

GOVERNMENT SHUTDOWN IMPACT - Government shutdown delayed planned restart of Leer South longwall

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$1.003 bln
Q3 Adjusted EBITDABeat$141.20 mln$125.57 mln (4 Analysts)
Q3 Free Cash Flow$38.90 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the coal peer group is "buy" Wall Street's median 12-month price target for Core Natural Resources Inc is $105.50, about 26.4% above its November 5 closing price of $77.63 The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago Press Release: ID:nPn12pfqya For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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