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

Ramaco Resources

07/11/2022 23:35

* Ramaco Resources Inc  METC.OQ  reported quarterly adjusted
earnings of 60 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.14 per share.
    * Revenue rose 79.3% to $136.93 million from a year ago;
analysts
expected $157.86 million. 
    * Ramaco Resources Inc's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Ramaco Resources Inc shares had risen by 32.5% this
quarter and
lost 10.4% so far this year.
    * The company reported quarterly net income of $26.91
million.
    * Wall Street's median 12-month price target for Ramaco
Resources
Inc is $15.00 
    * 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 Refinitiv data November
7 at 11:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.42           0.42           Met