NYSE$HCC

Warrior Met Coal Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported a net loss and maintained positive cash flow despite a difficult pricing environment.

Warrior Met Coal reported a net loss of $21.4 million, or $0.42 per diluted share, for the first quarter of 2021, compared to a net income of $21.5 million, or $0.42 per diluted share, in the first quarter of 2020. Despite these challenges, the company maintained positive cash flow by managing costs, working capital, and capital expenditure spending.

  • Net loss of $21.4 million, or $0.42 per diluted share.
  • Adjusted net income per share was $0.08 per diluted share.
  • Adjusted EBITDA was $47.1 million.
  • Positive cash flow from operating activities of $45.2 million.

Headline financials

Total Revenue

$214M

Previous: $227M-5.7%
EPS (adj)

$0.08

Previous: $0.39-79.5%
Tons sold

2.0M

Previous: 1.8M+7.6%
Tons produced

2.2M

Previous: 2.1M+3.5%
Average net selling price

$106.04

Previous: $122.02-13.1%
Adjusted EBITDA

$47.1M

Previous: $62M-24.0%
Adjusted EBITDA margin

22.1%

Previous: 27.4%-19.3%
Gross selling price realization

95.0%

Previous: 89.0%+6.7%
Capital Expenditures

-$9.48M

Previous: -$22.8M+58.4%
Free Cash Flow

-$30.8M

Previous: -$1.23M-2406.8%
Net Income

-$21.4M

Previous: $21.5M-199.1%
Operating Income

$11.1M

Previous: $30.5M-63.7%
Gross Profit

$59.4M

Previous: $75.2M-21.0%
Cash & Equivalents

$222M

Previous: $257M-13.6%
Total Assets

$1.38B

Previous: $1.44B-4.1%
Stock-Based Comp

$1.7M

Previous: $1.73M-2.1%

Revenue & EPS history

Warrior Met Coal · Revenue · Quarterly

$214M

Q1 2021-5.7%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Due to ongoing uncertainty related to negotiations with the UMWA, the COVID-19 pandemic, the Chinese ban on Australian coal and other potentially disruptive factors, Warrior will not be providing full year 2021 guidance at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.6%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+0.2%

Avg return

30 days after

41%

15 / 37 earnings

Positive

+23.8%

Q3 2025

Best reaction

-21.7%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.0%-2.6%+5.1%
Q4 2025+0.2%+1.1%-1.1%
Q3 2025+23.8%+24.8%+23.5%
Q1 2025-5.0%-0.5%-5.0%
Q4 2024-8.4%-7.8%-9.0%
Q3 2024+1.4%+5.3%+12.9%
Q2 2024-10.2%-12.0%-11.3%
Q1 2024-4.2%-5.3%+0.1%
Q4 2023-1.3%-3.1%-9.7%
Q3 2023-0.1%+0.7%+19.8%
Q2 2023-14.7%-8.7%-8.0%
Q1 2023+6.5%+14.6%+4.5%
Q4 2022+1.6%+5.8%-15.8%
Q3 2022-1.5%-0.0%+1.6%
Q2 2022-11.4%-7.0%-0.8%
Q1 2022-9.3%-11.2%+2.4%
Q4 2021+0.3%+0.8%+22.2%
Q3 2021-3.5%-7.7%-10.1%
Q2 2021-1.9%-10.7%+27.0%
Q1 2021-5.1%-9.0%+11.5%
Q4 2020-21.7%-23.2%-32.5%
Q3 2020-2.6%+6.7%+25.1%
Q2 2020-5.9%-1.7%+6.7%
Q1 2020+7.6%+15.4%+20.8%
Q4 2019-14.2%-16.7%-42.7%
Q3 2019-15.2%-10.8%-10.7%
Q2 2019-13.6%-14.1%-16.4%
Q1 2019+6.2%-8.5%-16.7%
Q4 2018+2.6%+1.9%-1.7%
Q3 2018-3.5%-4.0%-13.7%
Q2 2018-3.5%-3.6%-7.0%
Q1 2018+12.3%+14.8%+22.4%
Q4 2016+10.7%+9.0%+4.7%
Q4 2017+10.7%+9.0%+4.7%
Q3 2017+4.2%+5.7%-8.4%
Q2 2017+6.5%+8.2%+20.2%
Q1 2017+4.2%+5.0%-7.0%
Q3 2016
Q2 2016
Q1 2016
Q4 2015

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