Ramaco Resources Inc expected to post earnings of 44  cents a share - Earnings Preview

Ramaco Resources

02/05/2023 03:08

* Ramaco Resources Inc  METC.OQ   METC.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Lexington Kentucky-based  company is expected to
report  a
13.6% decrease in revenue to $133.761 million from $154.9
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ramaco Resources
Inc is
for earnings of 44 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 had fallen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Ramaco
Resources
Inc is $12​, above​ its last closing price of $7.86. ​​​

The company's guidance on March 8 2023 for the period ended
March 31 was for Capital Expenditures between USD20 million and
USD25 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  1.70        1.62       0.92      Missed  -43.1
 ​​Dec.        0.43        0.42       0.42      Met     1.2
 31 2021                                                
 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. 31 2021  -0.01       0.00       0.10      Beat    2,100
 This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated