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Navigating the Storm: American Res Falls Short on EPS and Revenue Expectations in Q4 2023

by Ron Finklestien

Published On: March 28, 2024 10:54 pm

AREC stock - AREC Stock Earnings: American Res Misses EPS, Misses Revenue for Q4 2023

Source: iQoncept / Shutterstock

American Res (NASDAQ:AREC) recently unveiled its financial results for the final quarter of 2023.

Shockingly, American Res disclosed an earnings per share of -15 cents, a considerable deviation from the predicted -4 cents.
The revenue figure stood at $66,404, marking a stark contrast of 96.98% from the estimated $2.20 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/arec-stock-earnings-american-res-for-q4-of-2023/.