American Resources Corporation (AREC) Reports Q2 Loss, Lags Revenue Estimates

分组1 - American Resources Corporation (AREC) reported a quarterly loss of $0.09 per share, which was worse than the Zacks Consensus Estimate of a loss of$0.05, and compared to a loss of $0.01 per share a year ago, indicating an earnings surprise of -80$1.98 million in the same quarter last year [1] - American Resources shares have declined approximately 58.4% since the beginning of the year, contrasting with the S&P 500's gain of 16.4% [2] 分组2 - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of$8.7 million, and for the current fiscal year, it is -$0.13 on revenues of$28.8 million [4] - The estimate revisions trend for American Resources is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [4] - The Mining - Miscellaneous industry, to which American Resources belongs, is currently in the bottom 31% of over 250 Zacks industries, indicating potential challenges for stock performance [5]