Argan (AGX) Announces Quarterly Earnings Results, Beats Expectations By $0.17 EPS
Argan (NYSE:AGX) issued its quarterly earnings data on Thursday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.17, ARN reports. The company had revenue of $102.00 million for the quarter, compared to the consensus estimate of $82.50 million.
Shares of Argan (NYSE:AGX) opened at 40.47 on Thursday. Argan has a 52-week low of $18.02 and a 52-week high of $40.83. The stock’s 50-day moving average is $36.80 and its 200-day moving average is $31.97. The company has a market cap of $581.9 million and a price-to-earnings ratio of 15.81.
Argan, Inc (NYSE:AGX) conducts operations through its wholly owned subsidiaries, Gemma Power Systems, LLC and affiliates (GPS) and Southern Maryland Cable, Inc (SMC).
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