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AREC American Resources News Story

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American Resources Corp expected to post a loss of 12 cents a share - Earnings Preview

American Resources Corp AREC.OQ AREC.O is expected to show a rise in quarterly revenue when it reports  results on April 21 (estimated) for the period ending December 31 2024

The Fishers Indiana-based  company is expected to report a 1,857.8% increase in revenue to $1.3 million from $66.4 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for American Resources Corp is for a loss of 12 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for American Resources Corp is $4.00​, above​ its last closing price of $1.29. ​​​

This summary was machine generated April 18 at 11:38 GMT.  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)

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