Ramaco Resources, Inc. Reports First Quarter 2019 Financial Results

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Ramaco Resources, Inc. (METC) Misses Q1 EPS by 13c, Revenues Miss

May 7, 2019 5:16 PM EDT

Ramaco Resources, Inc. (NASDAQ: METC) reported Q1 EPS of $0.17, $0.13 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $57.46 million versus the consensus estimate of $65.53 million.

Randall Atkins, Ramaco Resources' Executive Chairman remarked, "I am extremely proud that we've emerged from the operational challenges of the November silo failure at Elk Creek as an even stronger and more resilient company. We managed to produce our second-best quarter of Adjusted EBITDA ever. This was despite the carryover headwinds which we knew would cause the Elk Creek prep plant to... More