Ramaco Resources Inc expected to post a loss of 1 cent a share - Earnings Preview

Ramaco Resources

06/08/2024 03:03

* Ramaco Resources Inc  METC.OQ   METC.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Lexington Kentucky-based  company is expected to
report a
9.3% increase in revenue to $150.229 million from $137.47
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 1 cent 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 $21.00​, above​ its last closing price of $11.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.23        0.33       0.05      Missed  -85.1
 Dec. 31 2024  0.68        0.68       0.60      Missed  -12.1
 Sep. 30 2023  0.44        0.44       0.45      Beat    2.3​
 Jun. 30 2023  0.47        0.50       0.17      Missed  -66
 ​​Jan.        0.45        0.44       0.57      Beat    28.5
 1 0001                                                 
 Dec. 31 2022  0.59        0.59       0.32      Missed  -45.3​
 Sep. 30 2022  1.13        1.14       0.60      Missed  -47.5
 Jun. 30 2022  1.47        1.49       0.74      Missed  -50.3
 This summary was machine generated August 6 at 02:02 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)