Argan: Q1 Earnings Insights

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.

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.

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.

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