Warrior Met Coal Non-GAAP EPS of $1.63 misses by $0.58, revenue of $379.66M misses by $27.79M

Aug. 02, 2023 4:22 PM ETWarrior Met Coal, Inc. (HCC) StockBy: Urvi Shah, SA News Editor5 Comments
  • Warrior Met Coal press release (NYSE:HCC): Q2 Non-GAAP EPS of $1.63 misses by $0.58.
  • Revenue of $379.66M (-39.3% Y/Y) misses by $27.79M.
  • The Company generated cash flows of $124.5 million from operating activities in the second quarter of 2023, compared to $329.6 million in the second quarter of 2022. Capital expenditures and mine development for the second quarter of 2023 were $147.3 million, primarily reflecting the development of the Blue Creek reserves, resulting in negative free cash flow of $22.8 million.

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