Argan Inc expected to post earnings of 47 cents a share - Earnings Preview

Argan

03/12/2021 11:01

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly revenue when it reports  results on December 7
(estimated). 
* The Rockville Maryland-based  company is expected to report  a
10.9% increase in revenue to $141.2 million from $127.33 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 47 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
$61​, about 35% above​ its last closing price of $39.66. ​​​
This summary was machine generated December 3 at 11:00 GMT.  All
figures in US dollars  unless otherwise stated