How did METC's Q4 2023 earnings surprise impact its stock?

**METC's Q4 2023 earnings surprise had a negative impact on its stock.** Here's the analysis: 1. **Earnings Surprise**: Ramaco Resources (METC) reported an earnings per share (EPS) surprise of -$0.07 for Q4 2023. This negative surprise indicates that the company's actual performance fell short of market expectations, which typically leads to investor disappointment and can result in a sell-off. 2. **Stock Reaction**: Despite the positive net income growth of 1714.23% and a net income of $3.86 million for the same period, the stock price of METC decreased by 2.53%. This suggests that the market may have had concerns or reacted negatively to other aspects of the company's performance or future prospects, overshadowing the positive earnings growth. |code|Ticker|Name|Date|Percentage Change|Percentage Change YoY|market_code| |---|---|---|---|---|---|---| |METC|METC.O|Ramaco Resources A|20231002|-7.6433|-912.2235465501259|185| |METC|METC.O|Ramaco Resources A|20231003|-2.7586|-161.900594637047|185| |METC|METC.O|Ramaco Resources A|20231004|-1.0132|-138.94676148375936|185| |METC|METC.O|Ramaco Resources A|20231005|1.1771|-59.97892016863865|185| |METC|METC.O|Ramaco Resources A|20231006|0.3541|-93.58188936417024|185| |METC|METC.O|Ramaco Resources A|20231009|2.8226|204.23960410665484|185| |METC|METC.O|Ramaco Resources A|20231010|0.6863|-20.53953919184902|185| |METC|METC.O|Ramaco Resources A|20231011|-0.9737|51.26870527000651|185| |METC|METC.O|Ramaco Resources A|20231012|-2.6549|-403.83382925154496|185| |METC|METC.O|Ramaco Resources A|20231013|0.202|-90.00593706708887|185| In conclusion, while the company experienced significant earnings growth, the negative earnings surprise and other factors led to a decline in its stock price.