Warrior Met Coal Q3 2024 Adj. EPS $0.80 Beats $0.75 Estimate, Sales $327.720M Beat $323.955M Estimate
Portfolio Pulse from Benzinga Newsdesk
Warrior Met Coal reported Q3 2024 earnings per share of $0.80, surpassing the analyst estimate of $0.75. Sales were $327.72 million, also beating the estimate of $323.955 million. However, sales decreased by 22.61% compared to the same period last year.
October 30, 2024 | 8:34 pm
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Warrior Met Coal's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.80 and sales at $327.72M. Despite this, sales declined by 22.61% year-over-year.
The positive earnings surprise and sales beat are likely to have a short-term positive impact on HCC's stock price. However, the significant year-over-year sales decline may temper investor enthusiasm.
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IMPORTANCE 80
RELEVANCE 100