Aemetis Inc reports results for the quarter ended June 30 - Earnings Summary

• Aemetis Inc AMTX reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -66 cents. The mean expectation of five analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -42 cents to -15 cents per share.

• Revenue fell 21.5% to $52.24 million from a year ago; analysts expected $82.89 million.

• Aemetis Inc's reported EPS for the quarter was a loss of 41 cents​.

• The company reported a quarterly loss of $23.4 million.

• Aemetis Inc shares had risen by 3.6% this quarter and lost 4.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable fuels peer group is "hold."

• Wall Street's median 12-month price target for Aemetis Inc is $3.00, about 14.3% above its last closing price of $2.57

This summary was machine generated from LSEG data August 7 at 05:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)