American Resources Corp expected to post a loss of 4 cents a share - Earnings Preview

American Resources

12/08/2023 03:06

* American Resources Corp  AREC.OQ   AREC.O  is expected
to show a
rise in quarterly revenue when it reports  results on August
14. 
    * The Fishers Indiana-based  company is expected to report 
a
13.0% increase in revenue to $18.3 million from $16.2 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for American Resources
Corp
is for a loss of 4 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 $4.25​, above​ its last closing price
of $1.75. ​​​

This summary was machine generated August 12 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated