Recap: American Res Q4 Earnings

AMERICAN RESOURCES CORPORATION -11.92%

AMERICAN RESOURCES CORPORATION

AREC

0.73

-11.92%

American Res (NASDAQ:AREC) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:08 PM.

Here's what investors need to know about the announcement.

Earnings

American Res missed estimated earnings by -275.0%, reporting an EPS of $-0.15 versus an estimate of $-0.04.

Revenue was down $4.62 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 31.0% increase in the share price the next day.

Here's a look at American Res's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.14 -0.04 -0.06 -0.03
EPS Actual 0.05 -0.09 -0.04 0.14
Revenue Estimate 6.90M 18.30M 10.20M 13.00M
Revenue Actual 5.83M 1.98M 8.87M 4.68M

To track all earnings releases for American Res visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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