American Resources Corporation (AREC) Reports Q2 Loss, Lags Revenue Estimates
ARECAmerican Resources(AREC) ZACKS·2024-08-20 06:16

American Resources Corporation (AREC) came out with a quarterly loss of 0.09pershareversustheZacksConsensusEstimateofalossof0.09 per share versus the Zacks Consensus Estimate of a loss of 0.05. This compares to loss of 0.01pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−800.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -80%. A quarter ago, it was expected that this company would post a loss of 0.06 per share when it actually produced a loss of $0.03, delivering a surprise of 50%.Over the last four quarters, the company ha ...