Argan Inc expected to post earnings of 36  cents a share - Earnings Preview

Argan

06/06/2023 21:11

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly
revenue when it reports  results on June 8. 
    * The Rockville Maryland-based  company is expected to
report  a
16.6% increase in revenue to $116.9 million from $100.28 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Argan Inc is for
earnings
of 36 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
$53.5​, above​ its last closing price of $40.98. ​​​

This summary was machine generated June 6 at 20:11 GMT.  All
figures in US dollars  unless otherwise stated