American Resources Corp reports results for the quarter ended in December - Earnings Summary

American Resources

30/03/2023 23:34

* American Resources Corp  AREC.OQ  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of 3
cents per share.
    * Revenue rose 3.2% to $4.68 million from a year ago;
analysts
expected $13.00 million. 
    * American Resources Corp's reported EPS for the quarter was
14
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * American Resources Corp shares had risen by 1.5% this
quarter.
    * The company reported quarterly net income of $8.96
million.
    * Wall Street's median 12-month price target for American
Resources Corp is $4.63 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 10:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          -0.17          Missed
 Sep. 30 2022      -0.03          -0.08          Missed
 Jun. 30 2022      -0.05          -0.04          Beat