Aemetis, Inc (NASDAQ:AMTX) is set to announce third quarter earning results on Thursday 12th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AMTX to report 3Q20 loss of $ 0.05 per share.
For the full year, analysts anticipate top line of $ 210.10 million, while looking forward to loss of $ 0.65 per share bottom line.
Previous Quarter Performance
Aemetis, Inc unwinded income for the second quarter of $ 0.10 per share, from the revenue of $ 47.82 million. The quarterly revenues dropped 16.68 percent compared with the same quarter last year. Street analysts expected Aemetis, Inc to report loss of $ 0.23 per share on revenue of $ 62.00 million for the second quarter. The bottom line results beat street analysts by $ 0.33 or 143.48 percent, at the same time, top line results fell short of analysts by $ 14.18 million or 22.87 percent.
Stock Performance
Shares of Aemetis, Inc traded up $ 0.20 or 6.08 percent on Wednesday, reaching $ 3.49 with volume of 691.10 thousand shares. Aemetis, Inc has traded high as $ 3.58 and has cracked $ 3.20 on the downward trend
The closing price of $ 3.49, representing a 789.19 % increase from the 52 week low of $ 0.37 and a 35.49 % decrease over the 52 week high of $ 5.10.
The company has a market capital of $ 73.39 million and is part of the Basic Materials sector and Specialty Chemicals industry.
Conference Call
Aemetis, Inc will be hosting a conference call at 5:00 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-844-407-9500 Toll Free or +1-862-298-0850 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.aemetis.com
Aemetis, Inc. operates as a renewable fuels and bio-chemicals company in North America and India. The company focuses on the acquisition, development, and commercialization of various technologies that replace traditional petroleum-based products through the conversion of ethanol and biodiesel plants into advanced bio refineries.
