Arko Corp. reports results for the quarter ended in December - Earnings Summary

Arko.

28/02/2024 24:59

* Arko Corp.  ARKO.OQ  reported quarterly breakeven
results​​ per
share for the quarter ended in December, lower than the same
quarter last year, when the company reported EPS of 9 cents. 
The mean expectation of four analysts for the quarter was
for earnings of 6 cents per share. Wall Street expected
results to range from -4 cents to 11 cents per share.
    * Revenue rose 2.4% to $2.23 billion from a year ago;
analysts
expected $2.43 billion. 
    * Arko Corp.'s reported EPS for the quarter was breakeven
results​.
    * The company reported a quarterly loss of $371 thousand.
    * Arko Corp. shares had fallen by 3.6% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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 average consensus recommendation for the oil & gas
refining
and marketing peer group is also "buy"

Wall Street's median 12-month price target for Arko Corp. is
$10.75 
This summary was machine generated from LSEG data February 28 at
12:58 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.06           0.00           Missed
 Sep. 30 2023      0.14           0.17           Beat
 Jun. 30 2023      0.19           0.11           Missed
 Mar. 31 2023      0.06           -0.03          Missed