Hallador Energy (HNRG) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.04
- Estimate
- $0.09
- Surprise
- -60.9%
- Revenue (period 2026-09-30)
- $130.3M
- Score today
- 3.7/10
Revenue source: xbrl.
How the report landed
Hallador Energy (HNRG) missed the $0.09 estimate with adjusted EPS of $0.04 — a large 60.9% shortfall.
Coverage in the report window
- Hallador Energy Q3 2026 Earnings Call Transcript — benzinga, 2026-11-09
- UPDATE: Hallador Energy Q3 Adj. EPS $0.02 Misses $0.08 Estimate, Sales $130.250M Beat $118.251M Estimate — benzinga, 2026-11-09
- Hallador Energy Reports Third Quarter 2026 Financial Results and Provides Turtle Creek Project Update — fiscal.ai, 2026-11-09
Where TrendMatrix's rating stands now
TrendMatrix currently rates HNRG Sell at 3.7/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -60.9% surprise compares with a -56.8% four-quarter average.
What argues against it
- Quality below floor (2.0 < 4.0)
- Momentum score 2.7/10 — below 4.5 minimum
- Death cross — 50-day MA below 200-day MA
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.05
- Price target
- $23.80
- Stop
- $9.35
- Upside to target
- +136.8%
- Reward-to-risk
- 9.1:1
The stock trades at 529.5× trailing but 48.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-10 — shown for context, not personalized investment advice.
HNRG at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Independent Power Producers
- Market cap
- $499.2M
- P/E (fwd)
- 48.9
- P/E (ttm)
- 529.5
- 52-week range
- $8.85–$24.70
- Off 52-week high
- 59.3%
- RSI (14)
- 38
- Volume vs avg
- 0.55×
- Score today
- 3.7/10