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Warrior Met Coal: 2Q Earnings Snapshot

August 1, 2018

BROOKWOOD, Ala. (AP) _ Warrior Met Coal Inc. (HCC) on Wednesday reported second-quarter profit of $91.3 million.

The Brookwood, Alabama-based company said it had net income of $1.72 per share. Earnings, adjusted for non-recurring costs, came to $1.81 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The metallurgical coal producer and exporter posted revenue of $322.6 million in the period.

Warrior Met Coal shares have risen almost 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.55, a climb of 19 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCC at https://www.zacks.com/ap/HCC

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