Analysts Anticipate Ramaco Resources, Inc. (NASDAQ:METC) To Post 2Q19 income of $ 0.31 Per Share

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Ramaco Resources, Inc. (NASDAQ:METC) is reporting second quarter earnings results on Tuesday 13th August 2019, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.31 per share from $ 65.16 million in revenue.

For the full year, analysts predict revenues of $ 259.70 million, while looking forward to income of $ 1.30 per share.

Historical Earnings Performance

2Q18 results beat analysts view by 38.89 percent, the report represented earnings of $ 0.25 per share from the reveues of $ 65.28 million, analysts expected $ 0.18 per share

3Q18 results below market expectation by 40 percent, the report depicted bottomline of $ 0.15 per share from the topline of $ 62.17 million, analysts forecasted $ 0.25 per share

4Q18 results outperformed market expectation by 33.33 percent, the report outlined profit of $ 0.08 per share from the reveues of $ 44.19 million, analysts predicted $ 0.06 per share

1Q19 results below street view by 19.05 percent, the report interpreted income of $ 0.17 per share from the topline of $ 57.46 million, analysts anticipated $ 0.21 per share

Recent Analyst recommendations

On 6th August 2019, downgraded by Jefferies Financial Group to Hold from Buy rating.

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