LEXINGTON, Ky. (AP) — LEXINGTON, Ky. (AP) — Ramaco Resources, Inc. (METC) on Monday reported a loss of $18.3 million in its first quarter.
The Lexington, Kentucky-based company said it had a loss of 30 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.
The company posted revenue of $121.6 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $126.8 million.
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