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

Argan

08/09/2022 21:52

* Argan Inc  AGX.N  reported quarterly adjusted earnings of
30
cents​​ per share for the quarter ended in July. The mean
expectation of two analysts for the quarter was for earnings of
39 cents per share.
    * Revenue fell 11.2% to $118.11 million from a year ago;
analysts
expected $117.00 million. 
    * Argan Inc's reported EPS for the quarter was 30 cents​.
    * The mean earnings estimate of analysts was unchanged 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 11.7% this quarter and
lost 14.8%
so far this year.
    * The company reported quarterly net income of $4.22
million.
    * 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 from Refinitiv data September
8 at 08:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.39           0.30           Missed
 Apr. 30 2022      0.30           0.50           Beat
 Jan. 31 2022      0.26           0.14           Missed
 Oct. 31 2021      0.47           0.78           Beat