earnings
confidence high
sentiment positive
materiality 0.85
Warrior Met Coal reports Q3 net income $38.4M, adjusted EBITDA $104.9M amid ongoing UMWA strike
WARRIOR MET COAL, INC.
2021-Q3 EPS reported
$0.24
revenue$643,671,000
- Net income $38.4M ($0.74 diluted EPS) vs net loss $14.4M YoY; adjusted EPS $0.97.
- Revenue $202.5M; mining rev $199.7M on 1.1M short tons at avg price $188.62/ton (+108% YoY).
- Adjusted EBITDA $104.9M vs $16.8M YoY; free cash flow $52.4M.
- Production and sales volume 1.1M short tons each, down from 1.9M YoY due to UMWA strike since Apr 2021.
- Regular quarterly dividend of $0.05/share declared; no FY2021 guidance due to strike and market uncertainty.