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American Resources Corporation (AREC)
NASDAQ:AREC
Holding AREC?
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.13Last Year’s EPS
-$0.15Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 2.88%
|Next Earnings Date:Mar 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mix of optimism about future growth and expansion plans, particularly in ReElement Technologies and American Infrastructure. However, there are significant challenges regarding stock performance and delays in strategic initiatives. The company's commitment to innovation and partnerships is promising, but execution remains crucial.Company Guidance
During the third quarter 2024 earnings call for American Resources Corporation, several key metrics and strategic updates were highlighted. The company reported approximately $150,000 in revenue from ReElement Technologies, emphasizing a focus on growth in the lithium and rare earth elements sectors. The Noblesville facility is currently producing while preparing for expanded operations at Marion, Indiana, which will increase production capacity. The company anticipates substantial revenue growth in 2025 as it scales operations, particularly with the Marion facility expected to become a major producer of separated and purified rare earth oxides and lithium carbonate equivalent. Management also reiterated their commitment to non-dilutive financing strategies, including convertible debt and bond offerings, to support expansion without excessive shareholder dilution. The upcoming spinoff of ReElement as a standalone company, with a record date set for December 2024, is intended to unlock shareholder value.Progress in ReElement Technologies
ReElement Technologies is making significant progress, with developments in rare earth element separation and purification. The company is poised to become a major producer of lithium carbonate equivalent in the United States.
Expansion of American Infrastructure Corporation
The company has consolidated valuable assets in its metallurgical carbon and iron ore production, focusing on high-value, high-margin products.
Partnerships and Innovations
American Metals has partnered with India's leading battery recycling company to preprocess batteries, creating materials for ReElement Technologies. This reflects a strong push towards environmental consciousness and innovation.
Strategic Growth Plans
The company is working with large investment banks for a bond offering to scale its Marion facility, indicating robust financial planning for future growth.
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AREC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AREC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $1.04 | $0.90 | -13.46% |
| Aug 19, 2024 | $0.57 | $0.54 | -5.26% |
| May 21, 2024 | $1.28 | $1.28 | 0.00% |
| Mar 28, 2024 | $1.41 | $1.34 | -4.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does American Resources Corporation (AREC) report earnings?
American Resources Corporation (AREC) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is American Resources Corporation (AREC) earnings time?
American Resources Corporation (AREC) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AREC EPS forecast?
AREC EPS forecast for the fiscal quarter 2024 (Q4) is -$0.13.
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