Arko Corp. expected to post earnings of 6 cents a share - Earnings Preview

Arko.

03/08/2024 24:20

* Arko Corp.  ARKO.OQ   ARKO.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Richmond Virginia-based  company is expected to report
a
4.4% decrease in revenue to $2.361 billion from $2.47 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Arko Corp. is for
earnings of
6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arko Corp.
is
$8.75​, above​ its last closing price of $6.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.21       -0.20      -0.02     Beat    90.2
 Jan. 1 2024   0.06        0.06       0.00      Missed  -100
 Sep. 30 2023  0.14        0.14       0.17      Beat    25.9​
 Jan. 1 0001   0.17        0.19       0.11      Missed  -41.1
 ​​Mar.        0.05        0.06       -0.03     Missed  -152.2
 31 2023                                                
 Jan. 1 0001   0.09        0.10       0.09      Missed  -5.3​
 Sep. 30 2022  0.31        0.29       0.17      Missed  -42
 Jun. 30 2022  0.20        0.19       0.24      Beat    25
 This summary was machine generated August 2 at 23:20 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)