Argan (NYSE:AGX) reported its Q1 earnings results on Thursday, June 8, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Argan missed estimated earnings by 55.56%, reporting an EPS of $0.16 versus an estimate of $0.36.
Revenue was up $3.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 1.05% increase in the share price the next day.
Here’s a look at Argan’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.70 | 0.39 | 0.3 |
| EPS Actual | 1 | 0.56 | 0.73 | 0.5 |
| Revenue Estimate | 125.90M | 134.50M | 117.00M | 103.10M |
| Revenue Actual | 118.78M | 117.88M | 118.11M | 100.28M |
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.
