A Sneak Peek At Warrior Met Coal, Inc. ($HCC) 3Q20 Earnings

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Warrior Met Coal, Inc. (NYSE:HCC) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, HCC to report 3Q20 loss of $ 0.28 per share.

For the full year, analysts anticipate top line of $ 789.78 million, while looking forward to income of $ 0.10 per share bottom line.

Previous Quarter Performance

Warrior Met Coal, Inc. recorded loss for the second quarter of $ 0.18 per share, from the revenue of $ 163.70 million. Street analysts expected Warrior Met Coal, Inc. to report loss of $ 0.26 per share on revenue of $ 153.80 million for the second quarter. The bottom line results beat street analysts by $ 0.08 or 30.77 percent, at the same time, top line results outshined analysts by $ 9.90 million or 6.44 percent.

Stock Performance

Shares of Warrior Met Coal, Inc. traded up $ 0.27 or 1.86 percent on Tuesday, reaching $ 14.75 with volume of 606.10 thousand shares. Warrior Met Coal, Inc. has traded high as $ 14.92 and has cracked $ 14.32 on the downward trend

According to the previous trading day, closing price of $ 14.75, representing a 53.07 % increase from the 52 week low of $ 9.46 and a 38.98 % decrease over the 52 week high of $ 23.73.

The company has a market capital of $ 754.99 million and is part of the Basic Materials sector and Coal industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.05 per share on July 28, 2020. The dividend were payable on August 13, 2020 to holders of record as of the close of business on August 7, 2020 and ex-dividend date on August 6, 2020.

Conference Call

Warrior Met Coal, Inc. will be hosting a conference call at 4:30 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website warriormetcoal.com

Warrior Met Coal, Inc. produces and exports metallurgical coal for the steel industry. It operates two underground mines located in Alabama.