Get ready to discover the eagerly anticipated second quarter financial results of American Resources Corporation (NASDAQ: AREC) on Monday 19th August 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are anticipating that the enterprise will announce an estimated $0.07 loss per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $2.05 million for this period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $21.05 million. Additionally, they are expecting the company to achieve per share loss of $0.24 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.09. This figure was a result of the company's total revenue, which reached an impressive $1.98 million million during that specific period.
The business has scheduled a conference call on 19th August 2024 at 04:30 PM eastern time to discuss Q2 financial results.
American Resources Corporation (AREC) shares experienced a range of $0.56 to $0.62 on a day volume of 127.20 thousand shares. The stock closed Friday's regular trading session at $0.62, marking a 3.33 percent increase.
