Warrior Met Coal (NYSE: HCC) reported Q2 EPS of $1.64, $0.04 better than the analyst estimate of $1.60. Revenue for the quarter came in at $423.5 million versus the consensus estimate of $364.25 million.

Company Outlook
The Company has updated its guidance for the full year 2023 as indicated below. The only updates were attributed to mine development costs and interest income, net.

Coal sales: 7.1 - 7.7 million short tons

Coal production: 6.8 - 7.4 million short tons

Cash cost of sales (free-on-board port): $113 - $125 per short ton

Capital expenditures for existing mines: $95 - $105 million

Blue Creek project and other discretionary capital expenditures; $325 - $380 million

Mine development costs: $32 - $36 million

Selling, general and administrative expenses: $42 - $48 million

Interest income, net: $20 - $24 million

Income tax expense: 14% - 18%

For earnings history and earnings-related data on Warrior Met Coal (HCC) click here.