earnings
confidence high
sentiment positive
materiality 0.85
Warrior Met Coal Q2 2022 net income $297M; record Adj. EBITDA $431M; special dividend $0.80/share
WARRIOR MET COAL, INC.
2022-Q2 EPS reported
$8.58
revenue$1,003,808,000
- Net income $297.0M ($5.74 diluted EPS) vs net loss $4.7M in Q2 2021; record quarterly.
- Revenue $625.2M, up 175% YoY; met coal avg price $403.95/short ton (+227% YoY).
- Adjusted EBITDA $431.2M, all-time record; cash flow from ops $329.6M; free cash flow $250.2M.
- Board declared regular $0.06/sh and special $0.80/sh dividends to be paid in August.
- FY2022 guidance: coal sales 5.5-6.5M tons; cash cost $115-$125/ton; capex $185-$200M.