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AGX Argan News Story

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

* Argan Inc  AGX.N  reported quarterly adjusted earnings of 78
cents​​ per share for the quarter ended in October. The mean
expectation of two analysts for the quarter was for earnings of
47 cents per share.
* Revenue fell 2.3% to $124.45 million from a year ago; 
analysts expected $132.40 million. 
* Argan Inc's reported EPS for the quarter was 78 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 6.5% this quarter and lost 8.3%
so far this year.
* The company reported quarterly net income of $12.39 million.
* Wall Street's median 12-month price target for Argan Inc is
$61.00 
* 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 December 8 at 10:45 p.m.
 ​All figures in US dollars unless otherwise stated

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