Argan (NYSE:AGX) Releases Earnings Results, Beats Expectations By $0.04 EPS
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
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