Argan Q2 2024 GAAP EPS $1.31 Beats $0.92 Estimate, Sales $227.015M Beat $183.550M Estimate
Portfolio Pulse from Benzinga Newsdesk
Argan (NYSE:AGX) reported strong Q2 2024 earnings, with EPS of $1.31 beating estimates by 42.39% and sales of $227.015M surpassing expectations by 23.68%. This marks a 60.61% increase in sales compared to the same period last year.
September 05, 2024 | 8:07 pm
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Argan's Q2 2024 earnings significantly exceeded expectations, with EPS of $1.31 and sales of $227.015M, marking a substantial year-over-year sales increase of 60.61%.
Argan's earnings and sales both exceeded analyst expectations by significant margins, indicating strong financial performance. The substantial year-over-year sales growth further supports a positive outlook for the company's stock price in the short term.
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