Argan Inc reports results for the quarter ended in April - Earnings Summary

Argan

08/06/2021 22:08

* Argan Inc  AGX.N  reported quarterly adjusted earnings of 67
cents​​ per share for the quarter ended in April. The mean
expectation of two analysts for the quarter was for earnings of
35 cents per share.
* Revenue rose 110.1% to $126.34 million from a year ago; 
analysts expected $118.35 million. 
* The mean earnings estimate of analysts had fallen by
about 29.6% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Argan Inc shares had fallen by 8.5% this quarter and
gained 9.7% so far this year.
* The company reported quarterly net income of $10.77 million.
* Wall Street's median 12-month price target for Argan Inc is
$60.50 
* 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." 
This summary was machine generated June 8 at 09:08 p.m. GMT.
​All figures in US dollars