Investing.com - Ramaco Resources reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ramaco Resources announced earnings per share of $0.600 on revenue of $122.77M. Analysts polled by Investing.com anticipated EPS of $1.150 on revenue of $158M.
Ramaco Resources shares are up 100% from the beginning of the year and are trading at $12.480 , down-from-52-week-high.
Ramaco Resources follows other major Materials sector earnings this month
Ramaco Resources's report follows an earnings missed by Air Liquide ADR on Tuesday, October 25, 2022, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
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