Argan (NYSE: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.
