02:22 PM EST, 02/20/2025 (MT Newswires) -- (Updates with stock movement and share buyback program in the headline and last two paragraphs.)

Core Natural Resources ( CNR ) reported Thursday Q4 earnings of $1.04 per diluted share, down from $5.05 a year earlier.

Two analysts polled by FactSet expected $2.68.

Revenue and other income for the quarter ended Dec. 31 was $595.3 million, compared with $649.4 million a year earlier. Two analysts surveyed by FactSet expected $782.3 million.

The company's board authorized a $1 billion stock repurchase program as part of a recently-adopted capital return framework.

Shares were up more than 4% in latest trading.

Price: 81.01, Change: +3.38, Percent Change: +4.35