Argan Inc expected to post earnings of 26  cents a share - Earnings Preview

Argan

08/04/2022 12:14

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly
revenue when it reports  results on April 12 (estimated). 
    * The Rockville Maryland-based  company is expected to
report  a
3.1% increase in revenue to $120.85 million from $117.24 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Argan Inc is for
earnings
of 26 cents per share. For the same quarter last year, the
company reported earnings of 60 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Argan Inc
is
$50​, above​ its last closing price of $40.09. ​​​

This summary was machine generated April 8 at 11:14 GMT.  All
figures in US dollars  unless otherwise stated