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

Warrior Met Coal

01/08/2024 23:03

* Warrior Met Coal Inc  HCC.N  reported quarterly adjusted
earnings of $1.35​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of $1.63.  The mean expectation of six analysts for the
quarter was for earnings of $1.34 per share. Wall Street
expected results to range from $1.17  to $1.43 per share.
    * Revenue rose 4.4% to $396.52 million from a year ago;
analysts
expected $380.54 million. 
    * Warrior Met Coal Inc's reported EPS for the quarter was
$1.35​.
    * The company reported quarterly net income of $70.71
million.
    * Warrior Met Coal Inc shares had risen by 10.1% this
quarter and
gained 14.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.6%
in the last three months.​ 
    * In the last 30 days, three 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 August 1 at
10:03 p.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
 Jun. 30 2024      1.34           1.35           Beat
 Mar. 31 2024      2.75           2.63           Missed
 Dec. 31 2023      2.50           2.49           Missed
 Sep. 30 2023      1.40           1.85           Beat