Ramaco Resources Inc reports results for the quarter ended December 31 - Earnings Summary

• Ramaco Resources Inc METCB.OQ reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of nine analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -38 cents to 4 cents per share.

• Revenue fell 29.2% to $128.01 million from a year ago; analysts expected $147.33 million.

• Ramaco Resources Inc's reported EPS for the quarter was a loss of 25 cents​.

• The company reported a quarterly loss of $13.31 million.

• Ramaco Resources Inc shares had risen by 9.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• Wall Street's median 12-month price target for Ramaco Resources Inc is $40.00, about 67.9% above its last closing price of $12.86

This summary was machine generated from LSEG data February 25 at 10:40 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)