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

Ramaco Resources

08/08/2022 23:34

* Ramaco Resources Inc  METC.OQ  reported quarterly adjusted
earnings of 74 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of $1.49 per share.
    * Revenue rose 82.3% to $138.66 million from a year ago;
analysts
expected $178.60 million. 
    * Ramaco Resources Inc's reported EPS for the quarter was 74
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Ramaco Resources Inc shares had fallen by 15.2% this
quarter and
lost 18.0% so far this year.
    * The company reported quarterly net income of $33.28
million.
    * Wall Street's median 12-month price target for Ramaco
Resources
Inc is $21.50 
    * 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 Refinitiv data August 8
at 10:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.49           0.74           Missed
 Mar. 31 2022      1.62           0.92           Missed
 Dec. 31 2021      0.42           0.42           Met
 Sep. 30 2021      0.33           0.16           Missed