Warrior Met Coal

Q2 FY2026 EarningsQ2 FY2026 delivered a comprehensive beat relative to consensus expectations, driven by record sales volumes and significant margin expansion following the ramp-up of the Blue Creek mine. Revenue reached $509.7M (+4.23% vs. consensus), while Diluted GAAP EPS of $1.65 beat the $1.41 mean estimate by 17.02%. Strong operational execution resulted in free cash flow of $103.4M, drastically exceeding the $114M low-end estimate when excluding the prior quarter's build-up. Management subsequently raised full-year volume guidance, signaling sustained demand for premium steelmaking coal.