Alpha Metallurgical Resources

Q1 FY2026 EarningsQ2 FY2026 preliminary results significantly missed consensus across all key profitability metrics. Revenue of $491.5M was 15.9% below the $584.4M expectation, while GAAP net loss of $12.3M ($0.96 per share) fell drastically short of the expected $3.4M profit ($0.27 per share). The underperformance was driven by lighter shipment volumes due to equipment damage at the Dominion Terminal Associates (DTA) and met coal market weakness, leading management to slash FY2026 volume guidance and raise cost projections.