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

Warrior Met Coal

02/11/2023 19:10

* Warrior Met Coal Inc  HCC.N  reported quarterly adjusted
earnings of $1.85​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of $2.10.  The mean expectation of
six analysts for the quarter was for earnings of $1.40 per
share. Wall Street expected results to range from $1.24 
to $1.51 per share.
    * Revenue rose 8.5% to $423.49 million from a year ago;
analysts
expected $366.92 million. 
    * Warrior Met Coal Inc's reported EPS for the quarter was
$1.64​.
    * The company reported quarterly net income of $85.38
million.
    * Warrior Met Coal Inc shares had fallen by 2.9% this
quarter and
gained 46.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the iron & steel
peer
group is  "hold."

Wall Street's median 12-month price target for Warrior Met Coal
Inc is $60.00 
This summary was machine generated from LSEG data November 2 at
07:09 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.40           1.85           Beat
 Jun. 30 2023      1.94           1.63           Missed
 Mar. 31 2023      2.75           3.57           Beat
 Dec. 31 2022      2.52           1.90           Missed