American Resources Corp expected to post a loss of 6 cents a share - Earnings Preview

American Resources

13/05/2023 24:00

* American Resources Corp  AREC.OQ   AREC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 15. 
    * The Fishers Indiana-based  company is expected to report 
a
12.3% increase in revenue to $10.2 million from $9.08 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 6 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 $4.5​, above​ its last closing price of $1.49.
​​​

This summary was machine generated May 12 at 23:00 GMT.  All
figures in US dollars  unless otherwise stated