Ramaco Resources Inc expected to post a loss of 2 cents a share - Earnings Preview

Ramaco Resources

02/11/2024 03:51

* Ramaco Resources Inc  METC.OQ   METC.O  is expected
to show a
fall in quarterly revenue when it reports  results on November 4
for the period ending September 30 2024
    * The Lexington Kentucky-based  company is expected to
report a
16.3% decrease in revenue to $156.412 million from $186.97
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ramaco Resources Inc is
for a
loss of 2 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 Ramaco
Resources
Inc is 19.00​, above​ its last closing price of $10.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.03       -0.01      0.08      Beat    715.4
 Mar. 31 2024  0.23        0.33       0.05      Missed  -85.1
 Jan. 1 0001   0.68        0.68       0.60      Missed  -12.1​
 Jan. 1 0001   0.44        0.44       0.45      Beat    2.3
 ​​Jan.        0.47        0.50       0.17      Missed  -66
 1 0001                                                 
 Jan. 1 0001   0.45        0.44       0.57      Beat    28.5​
 Jan. 1 0001   0.59        0.59       0.32      Missed  -45.3
 Jan. 1 0001   1.13        1.14       0.60      Missed  -47.5
 This summary was machine generated November 2 at 03:50 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)