Warrior Met Coal (HCC) Misses Q2 EPS by 14c, Revenues Beat

Warrior Met Coal (NYSE: HCC) reported Q2 EPS of $1.81, $0.14 worse than the analyst estimate of $1.95. Revenue for the quarter came in at $322.56 million versus the consensus estimate of $321.8 million.

“The market for high quality premium met coal continued to be robust in the second quarter, though moderated somewhat from the exceptional strength we have seen over the past year,” commented Walt Scheller, CEO of Warrior. “Given the strength of our financial and operating results in the first and second quarters, performance at our mines, ongoing global GDP growth, and strong demand for steel production, we are raising our guidance for the balance of the year. Warrior’s performance clearly demonstrates the unique value of our highly focused business strategy as a premium \'pure-play\' met coal producer.”

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

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