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

Argan

08/06/2023 22:01

* Argan Inc  AGX.N  reported quarterly adjusted earnings of
16
cents​​ per share for the quarter ended in April. The lone
analyst forecast for the quarter was for earnings of 36 cents
per share.
    * Revenue rose 3.4% to $103.68 million from a year ago;
analysts
expected $116.90 million. 
    * Argan Inc's reported EPS for the quarter was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 43.7%
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 9.8% this quarter and
gained 20.5%
so far this year.
    * The company reported quarterly net income of $2.11
million.
    * Wall Street's median 12-month price target for Argan Inc
is
$53.50 
    * 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 from LSEG Refinitiv data June
8 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.36           0.16           Missed
 Jan. 31 2023      0.71           1.00           Beat
 Oct. 31 2022      0.71           0.56           Missed
 Jul. 31 2022      0.39           0.30           Missed