Overview

* Alpha reports Q2 net loss of $5.0 mln, improved from Q1 loss

* Adjusted EBITDA of $46.1 mln beats analyst expectations, per LSEG data

* Achieves best quarterly cost of coal sales performance since 2021

Outlook

* Alpha lowers 2025 cost of coal sales guidance to $101-$107 per ton

* Company reduces 2025 SG&A expense guidance to $48 mln-$54 mln

* Alpha raises full-year net cash interest income guidance to $6 mln-$12 mln

* Company increases 2025 idle operations expense guidance to $21 mln-$29 mln

Result Drivers

* COST REDUCTION - Alpha achieved significant cost reduction in coal sales, driven by labor and supply savings, per CEO Andy Eidson

* LIQUIDITY INCREASE - Alpha reported total liquidity of $557 mln as of June 30, attributed to improved cash flow and credit facility availability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS -$0.38

Q2 Net -$5 mln

Income

Q2 Beat $46.10 $10.20

Adjusted mln mln (3

EBITDA Analysts

)

Q2 Capex -$34.60

mln

Q2 $53.20

Operatin mln

g Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the iron & steel peer group is "buy."

* Wall Street's median 12-month price target for Alpha Metallurgical Resources Inc ( AMR ) is $140.50, about 7.9% above its August 7 closing price of $129.45

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)