Argan: Q3 Earnings Insights

Argan AGX reported its Q3 earnings results on Wednesday, December 6, 2023 at 04:05 PM.

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

Earnings

Argan missed estimated earnings by 54.55%, reporting an EPS of $0.4 versus an estimate of $0.88.

Revenue was up $45.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 9.18% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.74 0.36 0.71 0.70
EPS Actual 0.94 0.16 1 0.56
Revenue Estimate 140.55M 116.90M 125.90M 134.50M
Revenue Actual 141.35M 103.67M 118.78M 117.88M

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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