Core Natural Resources Q3 adjusted EBITDA beats expectations

Reuters11-06
<a href="https://laohu8.com/S/CNR">Core Natural</a> 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

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$1.003 bln

Q3 Adjusted EBITDA

Beat

$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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment