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

American Resources

26/03/2024 20:26

* American Resources Corp  AREC.OQ   AREC.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 28
for the period ending December 31 2023
    * The Fishers Indiana-based  company is expected to report a
53.0% decrease in revenue to $2.2 million from $4.68 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG'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 $4.13​, above​ its last closing price
of $1.40. ​​​

This summary was machine generated March 26 at 20:26 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)