Warrior Met Coal reported net income in the second quarter this year of nearly $300 million, up from a loss a year ago. The company had $297 million in net income, compared to a net loss of $4.7 million in the second quarter last year. Its net income was $146 million in the first quarter this year.
Warrior Met Coal (HCC) delivered earnings and revenue surprises of 5.01% and 6.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
BROOKWOOD, Ala., August 03, 2022--Warrior Met Coal, Inc. (NYSE: HCC) ("Warrior" or the "Company") today announced results for the second quarter of 2022. Warrior is the leading dedicated U.S.-based producer and exporter of high quality metallurgical ("met") coal for the global steel industry.