Argan Inc expected to post earnings of 39  cents a share - Earnings Preview

Argan

02/09/2022 12:01

* Argan Inc  AGX.N   AGX  is expected to show a fall in
quarterly
revenue when it reports  results on September 5 (estimated). 
    * The Rockville Maryland-based  company is expected to
report  a
12.0% decrease in revenue to $117 million from $133.01 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 39 cents per share. For the same quarter last year, the
company reported earnings of 81 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
$55.5​, above​ its last closing price of $34.02. ​​​

This summary was machine generated September 2 at 11:01 GMT. 
All figures in US dollars  unless otherwise stated