American Resources Corporation (AREC) Reports Q1 Loss, Misses Revenue Estimates
ARECAmerican Resources(AREC) zacks.com·2024-05-22 06:16

American Resources Corporation (AREC) came out with a quarterly loss of 0.03pershareversustheZacksConsensusEstimateofalossof0.03 per share versus the Zacks Consensus Estimate of a loss of 0.06. This compares to loss of 0.04pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof500.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of 0.04 per share when it actually produced a loss of $0.14, delivering a surprise of -250%. Over the last four quarters, the company ...