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AGX Argan News Story

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

* Argan Inc  AGX.N  reported quarterly adjusted earnings of
50
cents​​ per share for the quarter ended in April. The lone
analyst forecast for the quarter was for earnings of 30 cents
per share.
    * Revenue fell 20.6% to $100.28 million from a year ago; 
analysts
expected $103.10 million. 
    * The mean earnings estimate of analysts had fallen by
about 42.3%
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 risen by 0.3% this quarter and
gained 5.2%
so far this year.
    * Wall Street's median 12-month price target for Argan Inc
is
$55.50 
    * 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 08:45 p.m.  ​All
figures in US dollars unless otherwise stated

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