Warrior Met Coal Inc reports results for the quarter ended June 30 - Earnings Summary

• Warrior Met Coal Inc HCC.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.35. The mean expectation of seven analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -65 cents to -22 cents per share.

• Revenue fell 27.2% to $288.49 million from a year ago; analysts expected $291.74 million.

• Warrior Met Coal Inc's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $5.61 million.

• Warrior Met Coal Inc shares had risen by 18.2% this quarter and lost 0.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is also "buy"

• Wall Street's median 12-month price target for Warrior Met Coal Inc is $56.50, about 2.9% above its last closing price of $54.85

This summary was machine generated from LSEG data August 7 at 12:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)