Warrior Met Coal (NYSE: HCC) reported Q2 EPS of $0.80, $0.15 better than the analyst estimate of $0.65. Revenue for the quarter came in at $327.7 million versus the consensus estimate of $322.21 million.

Company Outlook

The Company re-affirmed its guidance for the full year 2024. The guidance is subject to many risks that may impact performance, such as market conditions in the steel and steelmaking coal industries and overall global economic and competitive conditions, all as more fully described under Forward-Looking Statements.

Coal sales: 7.4 - 8.2 million short tons

Coal production: 7.4 - 8.0 million short tons

Cash cost of sales (free-on-board port): $125 - $135 per short ton

Capital expenditures for existing mines: $100 - $110 million

Blue Creek project and other discretionary capital expenditures: $335 - $390 million

Mine development costs: $28 - $38 million

Selling, general and administrative expense: $55 - $65 million

Interest expense: $4 - $6 million

Interest income: $20 - $25 million

Income tax expense: 14% - 18%

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