Insights into Argan Q3 Earnings

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The Q3 earnings report for Argan AGX was released on Thursday, December 5, 2024 at 04:05 PM.

Here's what investors need to know about the latest 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

The company beat on EPS by $0.34 in the previous quarter, leading to a 26.0% increase share price change 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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