Ramaco Resources Inc reports results for the quarter ended in December - Earnings Summary

Ramaco Resources

08/03/2023 22:56

* Ramaco Resources Inc  METC.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 59 cents per share.
    * Revenue rose 54.5% to $135.23 million from a year ago;
analysts
expected $140.83 million. 
    * Ramaco Resources Inc's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 46%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ramaco Resources Inc shares had risen by 12.8% this
quarter.
    * The company reported quarterly net income of $14.39
million.
    * Wall Street's median 12-month price target for Ramaco
Resources
Inc is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 8 at 10:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.59           0.32           Missed
 Sep. 30 2022      1.14           0.60           Missed
 Jun. 30 2022      1.49           0.74           Missed
 Mar. 31 2022      1.62           0.92           Missed