Ramaco Resources: Q1 Earnings Insights - Ramaco Resources (NASDAQ:METC)

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.

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.

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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.