Ramaco Resources METC reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ramaco Resources beat estimated earnings by 29.55%, reporting an EPS of $0.57 versus an estimate of $0.44.
Revenue was up $11.48 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.26 which was followed by a 4.42% drop in the share price the next day.
Here's a look at Ramaco Resources's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 1.14 | 1.49 | |
| EPS Actual | 0.32 | 0.60 | 0.74 | 0.92 |
| Revenue Estimate | 140.83M | 157.86M | 178.59M | 166.40M |
| Revenue Actual | 135.23M | 136.93M | 138.66M | 154.88M |
To track all earnings releases for Ramaco Resources visit their earnings calendar here.
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