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

Ramaco Resources

04/05/2023 09:10

* Ramaco Resources Inc  METC.OQ  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 7.4% to $166.36 million from a year ago;
analysts
expected $133.76 million. 
    * Ramaco Resources Inc's reported EPS for the quarter was 57
cents​.
    * The mean earnings estimate of analysts had fallen by
about 49.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ramaco Resources Inc shares had fallen by 16.0% this
quarter and
lost 15.8% so far this year.
    * The company reported quarterly net income of $25.26
million.
    * Wall Street's median 12-month price target for Ramaco
Resources
Inc is $12.00 
    * 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 May
4 at 08:10 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.44           0.57           Beat
 Dec. 31 2022      0.59           0.32           Missed
 Sep. 30 2022      1.14           0.60           Missed
 Jun. 30 2022      1.49           0.74           Missed