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

Arko.

08/05/2023 23:47

* Arko Corp.  ARKO.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 5.9% to $2.09 billion from a year ago;
analysts
expected $2.17 billion. 
    * Arko Corp.'s reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Arko Corp. shares had fallen by 4.0% this quarter and
lost 5.9%
so far this year.
    * The company reported a quarterly loss of $3.99 million.
    * Wall Street's median 12-month price target for Arko Corp.
is
$12.75 
    * 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 May
8 at 10:47 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.19           0.24           Beat