Argan (NYSE:AGX) posted its quarterly earnings results on Monday. The construction company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04, Briefing.com reports. The company had revenue of $63.10 million for the quarter, compared to analysts’ expectations of $67.65 million. Argan had a net margin of 0.50% and a return on equity of 1.34%. Argan’s revenue was down 53.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.08 EPS.

NYSE:AGX opened at $43.73 on Thursday. The stock has a market capitalization of $649.41 million, a PE ratio of 129.81 and a beta of 0.59. The firm’s 50 day moving average is $40.23 and its 200 day moving average is $44.72. Argan has a 12 month low of $35.08 and a 12 month high of $51.95.

Argan Company Profile

Argan, Inc, through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments.

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Earnings History for Argan (NYSE:AGX)

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