American Resources Corp <AREC.OQ> expected to post a loss of 12 cents a share - Earnings Preview

• American Resources Corp AREC.OQ AREC.O is expected to show a rise in quarterly revenue when it reports results on May 19 (estimated) for the period ending December 31 2024

• The Fishers Indiana-based company is expected to report a 1,857.8% increase in revenue to $1.3 million from $66.4 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

• ​LSEG's mean analyst estimate for American Resources Corp is for a loss of 12 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 American Resources Corp is $4.00​, above​ its last closing price of $0.91. ​​​

This summary was machine generated May 16 at 20:17 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)