Investing.com - Argan (NYSE:AGX) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Argan announced earnings per share of $0.73 on revenue of $118.11M. Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $118M.
Argan shares are down 16.15% from the beginning of the year and are trading at $32.44 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Argan follows other major Industrials sector earnings this month
Argan's report follows an earnings missed by Deere&Company on Friday, August 19, 2022, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
Siemens ADR had missed expectations on Thursday, August 11, 2022 with third quarter EPS of $-1.07 on revenue of $18.48B, compared to forecast for EPS of $-0.3269 on revenue of $17.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar