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American Res (NASDAQ:AREC) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:08 PM.
Here's what investors need to know about the announcement.
American Res missed estimated earnings by -275.0%, reporting an EPS of $-0.15 versus an estimate of $-0.04.
Revenue was down $4.62 million from the same period last year.
Last quarter the company beat on EPS by $0.19 which was followed by a 31.0% increase in the share price the next day.
Here's a look at American Res's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.04 | -0.06 | -0.03 |
| EPS Actual | 0.05 | -0.09 | -0.04 | 0.14 |
| Revenue Estimate | 6.90M | 18.30M | 10.20M | 13.00M |
| Revenue Actual | 5.83M | 1.98M | 8.87M | 4.68M |
To track all earnings releases for American Res visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: AREC
