ARC Document Solutions Inc reports results for the quarter ended in September - Earnings Summary

ARC Document Solutions

02/11/2022 21:02

* ARC Document Solutions Inc  ARC.N  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 7 cents per share.
    * Revenue was $73.14 million​; analysts expected $71.00
million. 
    * ARC Document Solutions Inc's reported EPS for the quarter
was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ARC Document Solutions Inc shares had risen by 12.8% this
quarter and lost 27.1% so far this year.
    * The company reported quarterly net income of $3.74
million.
    * Wall Street's median 12-month price target for ARC
Document
Solutions Inc is $4.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.07           0.09           Beat
 Jun. 30 2022      0.07           0.08           Beat
 Mar. 31 2022      0.06           0.05           Missed
 Dec. 31 2021      0.04           0.06           Beat