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.

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.

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.

Earnings Calendar