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

Arko.

07/08/2023 23:30

* Arko Corp.  ARKO.OQ  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
19 cents per share.
    * Revenue fell 2.8% to $2.47 billion from a year ago;
analysts
expected $2.39 billion. 
    * Arko Corp.'s reported EPS for the quarter was 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Arko Corp. shares had risen by 1.0% this quarter and
lost 7.3%
so far this year.
    * The company reported quarterly net income of $13 million.
    * Wall Street's median 12-month price target for Arko Corp.
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.19           0.11           Missed
 Mar. 31 2023      0.06           -0.03          Missed
 Dec. 31 2022      0.10           0.09           Missed
 Sep. 30 2022      0.29           0.17           Missed