American Resources Corp expected to post a loss of 7 cents a share - Earnings Preview

American Resources

13/08/2024 24:18

* American Resources Corp  AREC.OQ   AREC.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 19
for the period ending June 30 2024
    * The Fishers Indiana-based  company is expected to report a
3.5% increase in revenue to $2.05 million from $1.98 million 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 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $0.46. ​​​

This summary was machine generated August 12 at 23:18 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)