- Warrior Met Coal press release ( NYSE: HCC ): Q3 GAAP EPS of $1.90 beats by $0.06 .
- Revenue of $371.94M (+83.7% Y/Y) beats by $1.2M .
- Total revenues were $390.2 million for the third quarter of 2022, including $371.9 million in mining revenues, which consisted of met coal sales of 1.5 million short tons at an average net selling price of $248.13 per short ton, net of demurrage and other charges.
- Depreciation and depletion expenses for the third quarter of 2022 were $30.8 million, or 7.9% of total revenues and were higher than the prior year.
- Cash flows used in financing activities for the third quarter of 2022 were $90.5 million, primarily due to the payment of the regular quarterly dividend and special dividend totaling $44.4 million, retirements of debt of $37.8 million and principal repayments of financing lease obligations of $8.3 million.
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Warrior Met Coal GAAP EPS of $1.90 beats by $0.06, revenue of $371.94M beats by $1.2M