Whitehaven Coal's 3Q Result Beats Expectations on Output, Sales -- Market Talk
Dow Jones
Apr 28
0103 GMT - Whitehaven's 3Q drop in managed saleable coal output to 8.4 million metric tons is still 9% better than market expectations, says Ord Minnett analyst Tim Elder. Equity sales of 6.8 million tons are also above expectations, Elder says. "This was offset by lower realized pricing," with a higher proportion of thermal sales, he says. "We expect WHC to trade ahead of peers today with this outperformance to consensus estimates," says Elder. The broker has a buy rating and A$10.10 target on the stock. Shares are up 2.6% at A$7.90. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
April 27, 2026 21:03 ET (01:03 GMT)
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