Argan Inc expected to post earnings of 88 cents a share - Earnings Preview

Argan

04/12/2023 21:08

* Argan Inc  AGX.N   AGX  is expected to show a rise in
quarterly
revenue when it reports  results on December 6 for the period
ending July 31 2023
    * The Rockville Maryland-based  company is expected to
report a
38.0% increase in revenue to $162.7 million from $117.88 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Argan Inc is for
earnings of
88 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
$53.50​, above​ its last closing price of $47.00. ​​​

This summary was machine generated December 4 at 21:08 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)