earnings
confidence high
sentiment neutral
materiality 0.70
Warrior Met Coal Q2 2021: net loss narrows to $4.7M; adjusted EPS $0.25
WARRIOR MET COAL, INC.
2021-Q2 EPS reported
-$0.51
revenue$441,204,000
- Net loss of $4.7M ($0.09/diluted share) vs. loss of $9.2M in Q2 2020; adjusted net income per diluted share $0.25.
- Revenue $227.4M on 1.8M short tons sold at avg price $123.36/short ton; production fell to 1.2M tons due to UMWA strike.
- Adjusted EBITDA $65.2M vs. $20.3M in prior-year quarter; free cash flow $53.4M.
- Quarterly dividend of $0.05/share declared, payable Aug 16, 2021; Blue Creek project and stock buyback remain suspended.
- UMWA strike continues; no FY2021 guidance provided due to strike uncertainty and other factors.