Ramaco Resources (METC) Reports Q3 Loss, Tops Revenue Estimates
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Ramaco Resources (METC) reported a Q3 loss of $0.03 per share, which was better than the expected loss of $0.12 per share. This is a decline from the $0.45 earnings per share reported a year ago.
November 05, 2024 | 12:30 pm
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Ramaco Resources reported a Q3 loss of $0.03 per share, better than the expected loss of $0.12, but a decline from last year's $0.45 EPS.
The better-than-expected earnings report is likely to have a positive short-term impact on METC's stock price, despite the year-over-year decline in EPS. Investors may react positively to the company outperforming analyst expectations.
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IMPORTANCE 80
RELEVANCE 100