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

Reuters10-31

* Warrior Met Coal Inc 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

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