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Warrior Met Coal (HCC)
NYSE:HCC
Holding HCC?
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.81Last Year’s EPS
$2.49Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -10.98%
|Next Earnings Date:Feb 19, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging quarter for Warrior, with significant external pressures from weak global demand and pricing, leading to lower sales volumes and profitability. However, notable operational achievements, such as the progress on the Blue Creek project and maintaining strong operational performance, provide some positive outlook.Company Guidance
During HCC's Q3 2024 earnings call, the executives provided detailed guidance on the company's performance and future outlook. They reported a net income of $42 million, or $0.80 per diluted share, compared to $85 million or $1.64 per share in the same quarter of 2023. The company's adjusted EBITDA for the quarter was $79 million, with an EBITDA margin of 24%, reflecting a decrease from the previous year's $146 million and 34%, respectively. Sales volume fell by 17.5% year-over-year, reaching 1.9 million short tons, while the production volume was also slightly down at 1.9 million short tons. The average net selling price per short ton was $172, with a gross price realization of 93%. The company maintained its full-year guidance, expecting spot volume to be between 25% to 30% of total sales. Capital expenditures were $123 million for the quarter, including $94 million for the Blue Creek development, with total project investments reaching $612 million to date. The executives remain optimistic about future market conditions, particularly in India, and anticipate incremental annualized production of 4.8 million short tons of premium coal from the Blue Creek project after its longwall startup in Q2 2026.First Development Tons from Blue Creek Project
Produced the first development tons from the Blue Creek project on time and within budget, marking a significant milestone.
Operational and Financial Performance
Despite weak global demand, the company delivered strong operational and financial performance by leveraging high-quality assets.
India's Steel Production Growth
India's pig iron production grew by 3%, with new blast furnace capacity expected to drive further growth.
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HCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $61.70 | $63.05 | +2.19% |
| Aug 01, 2024 | $64.70 | $61.90 | -4.33% |
| May 01, 2024 | $67.64 | $65.24 | -3.55% |
| Feb 14, 2024 | $59.94 | $57.98 | -3.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Warrior Met Coal (HCC) report earnings?
Warrior Met Coal (HCC) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Warrior Met Coal (HCC) earnings time?
Warrior Met Coal (HCC) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HCC EPS forecast?
HCC EPS forecast for the fiscal quarter 2024 (Q4) is $0.81.
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