Argo Gr Intl Hldgs's Earnings Outlook

Argo Gr Intl Hldgs ARGO is set to give its latest quarterly earnings report on Monday, 2022-05-02. Here's what investors need to know before the announcement.

Analysts estimate that Argo Gr Intl Hldgs will report an earnings per share (EPS) of $1.10.

Argo Gr Intl Hldgs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.89, which was followed by a 3.2% increase in the share price the next day.

Here's a look at Argo Gr Intl Hldgs's past performance and the resulting price change:

Stock Performance

Shares of Argo Gr Intl Hldgs were trading at $42.26 as of April 28. Over the last 52-week period, shares are down 18.66%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Argo Gr Intl Hldgs visit their earnings calendar on our site.

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