Warrior Met Coal Q3 Adj $1.85 Beats $1.40 Estimate, Sales $423.49M Beat $366.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Warrior Met Coal (NYSE:HCC) reported Q3 earnings of $1.85 per share, beating the analyst consensus estimate of $1.40 by 32.14%. However, this is a 11.9% decrease from the same period last year. The company also reported Q3 sales of $423.49 million, beating the analyst consensus estimate of $366.91 million by 15.42%, and marking an 8.54% increase from the same period last year.
November 01, 2023 | 8:58 pm
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Warrior Met Coal's Q3 earnings and sales exceeded analyst estimates, but earnings decreased compared to the same period last year.
Warrior Met Coal's Q3 earnings and sales beat analyst estimates, which is generally positive for the stock. However, the decrease in earnings compared to the same period last year could be a concern for investors, potentially limiting the positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100