* American Resources Corp reported a quarterly adjusted loss of 13 cents per share for the quarter , lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of two analysts for the quarter was for a loss of 10 cents per share.
* Revenue fell 96% to $235.44 thousand from a year ago; analysts expected $1.70 million.
* American Resources Corp's reported EPS for the quarter was a loss of 13 cents.
* The company reported a quarterly loss of $9.79 million.
* American Resources Corp shares had risen by 14.3% this quarter and lost 30.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 66.7% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for American Resources Corp is $4.00 This summary was machine generated from LSEG data November 15 at 02:09 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.10 -0.13 Missed
Jun. 30 2024 -0.07 -0.09 Missed
Mar. 31 2024 -0.06 -0.03 Beat
Dec. 31 2023 -0.04 -0.14 Missed
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