ARC Document Solutions Inc expected to post earnings of 6 cents a share - Earnings Preview

ARC Document Solutions

27/02/2024 24:30

* ARC Document Solutions Inc  ARC.N   ARC  is expected
to show a
fall in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Walnut Creek California-based  company is expected to
report
a 1.7% decrease in revenue to $67.625 million from $68.82
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ARC Document Solutions
Inc is
for earnings of 6 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ARC
Document
Solutions Inc is $5.35​, above​ its last closing price of $2.72.
​​​

This summary was machine generated February 27 at 00:29 GMT. 
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)