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

Argan

07/12/2022 22:27

* Argan Inc  AGX.N  reported quarterly adjusted earnings of
56
cents​​ per share for the quarter ended in October. The mean
expectation of two analysts for the quarter was for earnings of
71 cents per share.
    * Revenue fell 5.3% to $117.88 million from a year ago;
analysts
expected $134.50 million. 
    * Argan Inc's reported EPS for the quarter was 56 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.6%
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 17.7% this quarter and
lost 2.2%
so far this year.
    * The company reported quarterly net income of $7.76
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 December
7 at 10:27 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.71           0.56           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