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

Argan

06/09/2023 22:02

* Argan Inc  AGX.N  reported quarterly adjusted earnings of
94
cents​​ per share for the quarter ended in July. The mean
expectation of two analysts for the quarter was for earnings of
75 cents per share.
    * Revenue rose 19.7% to $141.35 million from a year ago;
analysts
expected $140.55 million. 
    * Argan Inc's reported EPS for the quarter was 94 cents​.
    * The mean earnings estimate of analysts had risen by
about 24.2%
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 4.0% this quarter and
gained 11.1%
so far this year.
    * The company reported quarterly net income of $11.9
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
September 6 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.75           0.94           Beat
 Apr. 30 2023      0.36           0.16           Missed
 Jan. 31 2023      0.71           1.00           Beat
 Oct. 31 2022      0.71           0.56           Missed