Ramaco Resources Inc expected to post earnings of $1.49 a share - Earnings Preview

Ramaco Resources

30/07/2022 01:20

* Ramaco Resources Inc  METC.OQ   METC.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 8. 
    * The Lexington Kentucky-based  company is expected to
report  a
134.8% increase in revenue to $178.595 million from $76.06
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ramaco Resources
Inc is
for earnings of $1.49 per share. For the same quarter last year,
the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $21.5​, above​ its last closing price of $11.74. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.70        1.62       0.92      Missed  -43.1
 Dec. 31 2022  0.43        0.42       0.42      Met     1.2
 Sep. 30 2021  0.34        0.33       0.16      Missed  -51.4​
 Jun. 30 2021  0.05        0.07       0.23      Beat    222.8
 ​​Mar.        -0.01       0.00       0.10      Beat    2,100
 31 2021                                                
 Dec. 31 2020  -0.04       -0.04      -0.11     Missed  -193.3
                                                        ​
 Sep. 30 2020  -0.06       -0.04      -0.11     Missed  -205.6
 Jun. 30 2020  -0.07       -0.07      0.06      Beat    180
 This summary was machine generated July 30 at 00:20 GMT.  All
figures in US dollars  unless otherwise stated