Core Natural Resources

Q2 FY2026 EarningsQ2 FY26 performance significantly beat consensus across all key profitability and cash flow metrics, despite revenues coming in line with expectations ($1.14B vs. $1.12B). Diluted GAAP EPS of $2.51 shattered the $0.64 mean estimate, driven largely by a $125.4M insurance settlement and operational cost improvements in the High C.V. Thermal and Metallurgical segments. Free Cash Flow of $148.0M also exceeded the $122.4M estimate, supporting a return of $68M to stockholders. Management maintained a positive outlook for H2 FY26, citing improving Powder River Basin shipments and robust AI-driven power demand.