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AREC American Resources News Story

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

* American Resources Corp  AREC.OQ  reported a quarterly
adjusted loss of 13 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 6 cents per share.
* Revenue rose 73.1% to $393.00 thousand from a year ago; 
analysts expected $16.40 million. 
* American Resources Corp's reported EPS for the quarter was a
loss of 13 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 fallen by 30.2% this
quarter and lost 8.7% so far this year.
* The company reported a quarterly loss of $6.65 million.
* Wall Street's median 12-month price target for American
Resources Corp is $6.00 
* 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 August 17 at 06:02 a.m.  ​All
figures in US dollars unless otherwise stated

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