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AREC American Resources News Story

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

* American Resources Corp  AREC.OQ  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended
in March. The lone analyst forecast for the quarter was for a
loss of 10 cents per share.
* Revenue fell 99.4% to $3.00 thousand from a year ago; 
analysts expected $4.10 million. 
* American Resources Corp's reported EPS for the quarter was a
loss of 14 cents​.
* The mean earnings estimate of analysts had fallen by
about 150% 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 21.6% this
quarter and gained 52.8% so far this year.
* The company reported a quarterly loss of $6.39 million.
* Wall Street's median 12-month price target for American
Resources Corp is $6.13 
* 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 May 12 at 11:51 p.m. GMT.
​All figures in US dollars

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