Aemetis Inc reports results for the quarter ended September 30 - Earnings Summary

Aemetis

12/11/2024 15:32

* Aemetis Inc  AMTX.OQ  reported a quarterly adjusted loss
of 38
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 73
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 42 cents per share. Wall Street expected
results to range from -58 cents to -34 cents per share.
    * Revenue rose 18.6% to $81.44 million from a year ago;
analysts
expected $75.76 million. 
    * Aemetis Inc's reported EPS for the quarter was a loss
of 38
cents​.
    * The company reported a quarterly loss of $17.94 million.
    * Aemetis Inc shares had risen by 56.1% this quarter and
lost 31.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the renewable
fuels
peer group is also "hold"

Wall Street's median 12-month price target for Aemetis Inc is
$13.38 
This summary was machine generated from LSEG data November 12 at
03:32 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
 Sep. 30 2024      -0.42          -0.38          Beat
 Jun. 30 2024      -0.43          -0.66          Missed
 Mar. 31 2024      -0.46          -0.58          Missed
 Dec. 31 2023      -0.34          -0.64          Missed