Arq Inc ARQ.OQ ARQ.O is expected to show a rise in quarterly revenue when it reports results on March 5 for the period ending December 31 2024
The Greenwood Village Colorado-based company is expected to report a 2.6% increase in revenue to $28.826 million from $28.1 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Arq Inc is for a loss of 2 cents per share.
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."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Arq Inc is $9.50, above its last closing price of $5.22.
The company's guidance on November 7 2024 for the period ended December 31 was for Capital Expenditures between USD20 million and USD25 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.03
0.04
0.04
Met
14.3
Jun. 30 2024
-0.05
-0.06
Missed
-20
Mar. 31 2024
-0.07
-0.07
-0.09
Missed
-28.6
Dec. 31 2023
-0.08
0.10
Beat
225
Sep. 30 2023
-0.11
-0.07
Beat
36.4
Jun. 30 2023
-0.16
-0.16
-0.21
Missed
-31.2
Mar. 31 2023
-0.10
-0.10
-0.32
Missed
-220
This summary was machine generated March 3 at 21:02 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)