Argan Inc expected to post earnings of 48 cents a share - Earnings Preview

Argan

03/09/2021 12:06

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly revenue when it reports results on September 7
(estimated). 
* The Rockville, Maryland-based company is expected to report 
 a 53.4% increase in revenue to $134.2 million from $87.49
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 48 cents per share. For the same quarter last year,
the company reported 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
$60.5​, about 22.3% above​ its last closing price of $47.03. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Apr. 30 2021  0.35        0.35       0.67      Beat    94.2
 Jan. 31 2021              0.47       0.60      Beat    27.7
 Oct. 31 2020  0.32        0.32       0.60      Beat    90.5​
 Jul. 31 2020  0.07        0.05       0.36      Beat    700
 Apr.          -0.08​      -0.08      -0.05     Beat    37.5​
 30​ 2020​                                              
 Jan. 31 2020  -0.15       -0.01      -0.46     Missed  -2,966
                                                        .7​
 Oct. 31 2019  -0.06       -0.05      -0.44     Missed  -700
 Jul. 31 2019  0.03        0.03       0.07      Beat    180
 This summary was machine generated September 3 at 11:06 GMT. 
All figures in US dollars unless otherwise stated