CNR Earnings Prediction
The chart below shows how CNR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CNR sees a +8.95% change in stock price 10 days leading up to the earnings, and a -14.41% change 10 days following the report. On the earnings day itself, the stock moves by +5.36%. This data can give you a slight idea of what to expect for the next quarter's release.
CNR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
590.09M
-8.22%
3.58%
Gross Margin
12.05%
-61.51%
-53.87%
Operating Margin
-7.27%
-126.32%
-140.73%
Net Margin
5.22%
-78.63%
-68.91%
EPS
1.04
-78.95%
-67.70%
No Data Available
CNR Earnings Analysis
Core Natural Resources, Inc. Corporation (CNR.N) Earnings Conference Call
Positive
Earnings Per Share Beat: Core Natural Resources, Inc. reported an EPS of $3.07, significantly beating expectations of $2.27, indicating strong financial performance.
Post-Merger Operational Integration: The company has made significant progress in integrating operations post-merger, positioning itself as a high-performing unit in the global coal landscape.
Share Repurchase Authorization: The Board has authorized a $1 billion share repurchase program, reflecting confidence in the company's long-term value proposition and commitment to returning capital to shareholders.
Projected Merger Synergies: Core has already locked in approximately one-third of the projected synergies from the merger, with an expected annual savings of $110 million to $140 million.
Mine Development Resumption: The Leer South mine resumed development work with continuous miners nearly two months earlier than anticipated, showcasing effective management and operational resilience.
Market Resilience Strategy: Despite current pricing softness in the coal market, Core's strong committed and price position provides a buffer against market volatility.
Thermal Market Opportunities: The U.S. domestic thermal market has tightened, creating opportunities for spot market sales and a stronger contract market as the year progresses.
Product Portfolio Synergy: Core's diverse product portfolio allows for cross-selling opportunities and revenue uplift through blending different coal qualities, enhancing margins.
Strong Financial Performance: The company has demonstrated strong financial metrics with a net income of $286 million and free cash flow of $301 million for the full year 2024, indicating robust cash generation capabilities.
Negative
Soft Global Coal Pricing: Global coal pricing is currently soft, with both API-2 and High-Vol A pricing near three-year lows, indicating a challenging market environment.
Production Delay Due to Incident: The Leer South mine experienced a combustion event, which, although managed safely, has delayed the resumption of longwall production until mid-year, impacting overall production timelines.
Net Income and Liabilities: The company reported a net income of $286 million for 2024, but this was affected by a pretax reserve of $68 million related to pension plan litigation, highlighting potential financial liabilities.
Challenging 2025 Outlook: The 2025 outlook indicates a challenging year ahead due to weak commodity prices and the ongoing impacts from the Leer South outage, which could impair cash flow.
Merger Cash Outflows Impact: Merger-related cash outflows are expected to be approximately $100 million, which includes nonrecurring costs that could strain financial resources in the short term.
CNR FAQs
How does CNR typically perform around its earnings report dates?
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CNR Earning Call Sentiment
Core Natural Resources, Inc. (NYSE:CNR) Q4 2024 Earnings Call Transcript
CNR.N
-5.72%Positive
The earnings call presents mixed signals: strong EPS and robust free cash flow are positive, but regulatory issues and supply chain challenges pose risks. Shareholder returns via dividends and buybacks are favorable, yet merger costs and economic factors weigh negatively. The Q&A reveals some concerns about tariffs and management's lack of clarity. Overall, the positive financial metrics are offset by uncertainties, resulting in a neutral sentiment.
