Alpha Metallurgical reports Q1 EPS (86c) vs. ($2.60) last year

Reports Q1 revenue $524.99M vs. $531.96M last year. “Our results for the first quarter 2026 were driven by lower volumes and higher costs,” said Andy Eidson, Alpha’s CEO. “While we anticipated a slower shipping quarter in connection with planned outages at Dominion Terminal Associates, we experienced a greater-than-expected impact on costs in Q1 as a result of war-related increases to diesel and other supply prices, which we hope will be temporary. Therefore, we are maintaining our cost of coal sales guidance range for the year with the expectation of better cost performance in subsequent quarters. If the Iran conflict persists throughout the year, we expect the resulting impact on diesel and supply costs would require us to revise our cost of coal sales guidance range upward.”