earnings
confidence high
sentiment positive
materiality 0.85
Warrior Met Coal Q1 net income $146.2M, record Adj. EBITDA $243.8M; declares $0.50 special dividend
WARRIOR MET COAL, INC.
2022-Q1 EPS reported
$2.83
revenue$378,652,000
- Net income of $146.2M ($2.83 diluted EPS) vs net loss of $21.4M in Q1 2021; adjusted EPS $2.97.
- Adjusted EBITDA record $243.8M, up from $47.1M a year ago; revenue $378.7M.
- Sales volume 1.1M short tons (down 45% YoY) but avg selling price $339.34/ton, up 220%.
- Board declared special cash dividend of $0.50 per share payable May 20, 2022.
- Revised FY2022 guidance: coal sales 5.5-6.5M tons; capex $165-175M; cash cost $115-$125/ton.