Ramaco Resources Q4 2023 GAAP EPS $0.600 Misses $0.610 Estimate, Sales $202.729M Beat $186.908M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ramaco Resources (NASDAQ:METC) reported Q4 2023 earnings of $0.600 per share, missing the consensus estimate of $0.610 by 1.64%. However, their quarterly sales of $202.729M exceeded expectations by 8.46%, marking a significant increase from the previous year.

March 07, 2024 | 10:04 pm
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Ramaco Resources reported a slight miss on EPS estimates but significantly beat sales forecasts for Q4 2023.
While the EPS miss might slightly concern investors, the substantial beat on sales forecasts and the significant year-over-year growth in sales could offset concerns and signal strong operational performance. The mixed results make the short-term stock price direction uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100