Ramaco Resources Inc expected to post earnings of 7 cents a share - Earnings Preview

Ramaco Resources

30/07/2021 21:22

* Ramaco Resources Inc  METC.OQ   METC.O  is expected to show a
rise in quarterly revenue when it reports results on August 2. 
* The Lexington, Kentucky-based company is expected to report 
 a 49.5% increase in revenue to $54.378 million from $36.37
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 7 cents per share. For the same quarter last
year, the company reported earnings of 6 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 $6​, about 10.2% below​ its last closing price
of $6.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.07       -0.07      0.06      Beat    180
 Mar.          0.04​       0.04       0.05      Beat    25​
 31​ 2020​                                              
 Dec. 31 2019  0.13        0.13       0.05      Missed  -60.5​
 Sep. 30 2019  0.29        0.29       0.14      Missed  -51.7
 Jun. 30 2019  0.31        0.30       0.26      Missed  -11.9
 This summary was machine generated July 30 at 20:22 GMT.  All
figures in US dollars unless otherwise stated