Aemetis Inc reports results for the quarter ended in December - Earnings Summary

Aemetis

07/03/2024 18:31

* Aemetis Inc  AMTX.OQ  reported a quarterly adjusted loss
of 64
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -63
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 34 cents per share. Wall Street expected
results to range from -66 cents to -15 cents per share.
    * Revenue rose 6% to $70.76 million from a year ago;
analysts
expected $74.65 million. 
    * Aemetis Inc's reported EPS for the quarter was a loss
of 64
cents​.
    * The company reported a quarterly loss of $25.44 million.
    * Aemetis Inc shares had fallen by 36.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the renewable
fuels
peer group is also "buy"

Wall Street's median 12-month price target for Aemetis Inc is
$6.50 
This summary was machine generated from LSEG data March 7 at
06:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.34          -0.64          Missed
 Sep. 30 2023      -0.29          0.73           Beat
 Jun. 30 2023      -0.39          -0.68          Missed
 Mar. 31 2023      -0.39          -0.73          Missed