Argan Q3 Earnings Assessment

Argan AGX reported its Q3 earnings results on Thursday, December 5, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Argan beat estimated earnings by 59.0%, reporting an EPS of $2.0 versus an estimate of $1.26.

Revenue was up $93.25 million from the same period last year.

Last quarter the company beat on EPS by $0.34 which was followed by a 26.0% increase in the share price the next day.

Here's a look at Argan's past performance:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.97	0.52	0.75	0.88
EPS Actual	1.31	0.58	0.89	0.40
Revenue Estimate	183.55M	134.75M	161.60M	162.70M
Revenue Actual	227.01M	157.68M	164.55M	163.75M

To track all earnings releases for Argan visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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