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Warrior Met Coal reports Q4 EPS $1.90, consensus $2.52
The Fly

Warrior Met Coal reports Q4 EPS $1.90, consensus $2.52

Reports Q4 revenue $344.8M, consensus $446.9M. The company said, "In the fourth quarter, we delivered strong results despite shipment delays due to mechanical failures at the McDuffie Terminal and bad weather at the Port of Mobile, which continued to drive higher than normal inventories and lower shipment volumes. We were pleased to see customer demand and coal prices hold firm despite lower steel production globally. As we jointly address the mechanical challenges with our partner at the McDuffie Terminal and as rail transportation performance continues to improve, we expect to ship higher volumes, returning our inventories to normal levels. We have already seen significant improvement from these joint efforts in the first six weeks of the year."

Published first on TheFly

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