Ramaco Resources Inc <METC.OQ> expected to post breakeven results a share - Earnings Preview
Ramaco Resources Inc METC.OQ METC.O is expected to show a fall in quarterly revenue when it reports results on March 10 for the period ending December 31 2024
The Lexington Kentucky-based company is expected to report a 17.8% decrease in revenue to $166.587 million from $202.73 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ramaco Resources Inc is for breakeven results per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "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 $18.00, above its last closing price of $8.88.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.02 | -0.02 | -0.03 | Missed | -66.7 |
Jun. 30 2024 | -0.03 | -0.01 | 0.08 | Beat | 715.4 |
Mar. 31 2024 | 0.23 | 0.33 | 0.05 | Missed | -85.1 |
Dec. 31 2023 | 0.68 | 0.68 | 0.60 | Missed | -12.1 |
Sep. 30 2023 | 0.44 | 0.44 | 0.45 | Beat | 2.3 |
Jun. 30 2023 | 0.47 | 0.50 | 0.17 | Missed | -66 |
Mar. 31 2023 | 0.45 | 0.44 | 0.57 | Beat | 28.5 |
Dec. 31 2022 | 0.59 | 0.59 | 0.32 | Missed | -45.3 |
This summary was machine generated March 7 at 21:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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