Arq Inc reports results for the quarter ended in December - Earnings Summary

Arq

12/03/2024 21:57

* Arq Inc  ARQ.OQ  reported quarterly adjusted earnings of
10
cents​​ per share for the quarter ended in December.  The lone
analyst forecast for the quarter was for a loss of 8 cents per
share. 
    * Revenue was $28.10 million​; analysts expected $27.00
million. 
    * Arq Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $3.29
million.
    * Arq Inc shares had risen by 23.2% 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commodity
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Arq Inc is $6.00 
This summary was machine generated from LSEG data March 12 at
09:57 p.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      -0.08          0.10           Beat
 Sep. 30 2023      -0.11          -0.07          Beat
 Jun. 30 2023      -0.16          -0.21          Missed
 Mar. 31 2023      -0.10          -0.32          Missed