Ramaco Resources Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]
Ramaco Resources, Inc. - Class B (METCB)
Company Research
Source: Yahoo! Finance
Net income: US$82.3m (down 29% from FY 2022). Profit margin: 12% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. EPS: US$1.56 (down from US$2.63 in FY 2022). METC Production and Reserves Coal Production: 2.879 Mt (2.435 Mt in FY 2022) Number of mines: 2 (2 in FY 2022) All figures shown in the chart above are for the trailing 12 month (TTM) period Ramaco Resources Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 8.6%. In the last 12 months, the only revenue segment was Metals & Mining - Coal contributing US$693.5m. Notably, cost of sales worth US$493.8m amounted to 71% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$54.3m (46% of total expenses). Explore how METC's revenue and expenses shape its earnings. Looking ahead, revenue is forec
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- Ramaco Announces Hiring of Two Vice Presidents [Yahoo! Finance]Yahoo! Finance
- RAMACO RESOURCES REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- Ramaco Announces Hiring of Two Vice PresidentsPR Newswire
- RAMACO RESOURCES REPORTS FIRST QUARTER 2024 RESULTSPR Newswire
- Ramaco Resources, Inc. Announces Increase and Term Extension of Revolving Credit FacilityPR Newswire