Argan Inc expected to post earnings of 52 cents a share - Earnings Preview

Argan

04/06/2024 21:02

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly
revenue when it reports  results on June 6 for the period ending
April 30 2024
    * The Rockville Maryland-based  company is expected to
report a
30.0% increase in revenue to $134.75 million from $103.68
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Argan Inc is for
earnings of
52 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
$65.00​, below​ its last closing price of $70.87. ​​​

This summary was machine generated June 4 at 20:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)