Ramaco Resources Inc expected to post earnings of 33 cents a share - Earnings Preview

Ramaco Resources

29/10/2021 21:54

* Ramaco Resources Inc  METC.OQ   METC.O  is expected to show a
rise in quarterly revenue when it reports results on November
2. 
* The Lexington, Kentucky-based company is expected to report  a
92.6% increase in revenue to $76.014 million from $39.46 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 33 cents per share. For the same quarter last
year, the company reported a loss of 11 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $13​, about 22.2% below​ its last closing price
of $15.89. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.05        0.07       0.23      Beat    222.8
 Mar. 31 2021  -0.01       0.00       0.10      Beat    2,100
 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.          -0.07​      -0.07      0.06      Beat    180​
 30​ 2020​                                              
 Mar. 31 2020  0.04        0.04       0.05      Beat    25​
 Dec. 31 2019  0.13        0.13       0.05      Missed  -60.5
 Sep. 30 2019  0.29        0.29       0.14      Missed  -51.7
 This summary was machine generated October 29 at 20:54 GMT.  All
figures in US dollars unless otherwise stated