earnings
confidence high
sentiment negative
materiality 0.75
Warrior Q3 net income $41.8M, EPS $0.80; revenue down 23% YoY, Blue Creek on track
WARRIOR MET COAL, INC.
2024-Q3 EPS reported
$4.78
revenue$1,227,755,000
- Net income $41.8M ($0.80 diluted EPS) vs $85.4M ($1.64) in Q3 2023; adjusted EPS $0.80.
- Adjusted EBITDA $78.5M vs $145.8M year ago; total revenue $327.7M, down from $423.5M.
- Sales volume 1.9M short tons (-17.5% YoY); average net selling price $171.92/ton (-6.9%).
- Blue Creek first development tons produced (39k); longwall startup expected Q2 2026; total project spend $612.4M.
- Cash from ops $62.2M; free cash flow negative $60.6M; regular dividend of $0.08/share declared.