Argan AGX released its Q3 earnings on Thursday, December 5, 2024 at 04:05 PM.
Here's what's important from the earnings announcement.
Earnings
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.
Analysis of Past Earnings
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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