Alpha Metallurgical Resources (NYSE:AMR) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$671.9m (down 9.4% from 3Q 2023).

• Net income: US$3.80m (down 96% from 3Q 2023).

• Profit margin: 0.6% (down from 13% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.

• EPS: US$0.29 (down from US$6.88 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alpha Metallurgical Resources EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 72%.

Looking ahead, revenue is expected to decline by 5.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.4%.

Performance of the American Metals and Mining industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Alpha Metallurgical Resources (1 is concerning!) that you need to be mindful of.

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