Warrior Met Coal Tests Whether Blue Creek Volumes Can Outrun Sliding Coal Prices
Warrior Met Coal's Q3 earnings, due Nov 4, will test if Blue Creek volumes can offset sliding coal prices. Analysts expect earnings of $1.50/share on revenue of $494M, down from Q2 but up year-over-year. Pricing, volume, and costs are key factors. Management raised full-year volume guidance but warned of weaker prices and profitability. The stock has slipped 1.6% since last earnings.
