Warrior Met Coal Inc reports results for the quarter ended in January 1 - Earnings Summary

Warrior Met Coal

31/10/2024 02:58

* Warrior Met Coal Inc  HCC.N  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended January
1, lower than the same quarter last year, when the company
reported EPS of $1.85.  The mean expectation of six analysts for
the quarter was for earnings of 75 cents per share. Wall Street
expected results to range from 42 cents to $1.33 per share.
    * Revenue fell 22.6% to $327.72 million from a year ago;
analysts
expected $323.96 million. 
    * Warrior Met Coal Inc's reported EPS for the quarter was 80
cents​.
    * The company reported quarterly net income of $41.77
million.
    * Warrior Met Coal Inc shares had fallen by 2.6% this
quarter and
gained 3.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 57%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the iron & steel
peer
group is also "buy"

Wall Street's median 12-month price target for Warrior Met Coal
Inc is 75.00 
This summary was machine generated from LSEG data October 31 at
02:58 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.75           0.80           Beat
 Jun. 30 2024      1.34           1.35           Beat
 Mar. 31 2024      2.75           2.63           Missed
 Dec. 31 2023      2.50           2.49           Missed