Argan's earnings of $1.07 surpassed expectations, and profits also exceeded forecasts.

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Argan's earnings of $1.07 surpassed expectations, and profits also exceeded forecasts.

According to the Argan (NYSE: AGX) report, the earnings per share for the fourth quarter stood at $2.22, exceeding analysts' expectations of $1.15 by $1.07. The reported earnings for this quarter amounted to $232.47 million, while analysts had projected $197.5 million.

Argan shares closed the day at $115.11, indicating a 19.48% decline over the past three months. However, the stock has seen a remarkable gain of 127.76% over the last 12 months. In the last 90 days, Argan reported zero positive earnings per share and two negative earnings per share. To examine how Argan's stock price reacted to past earnings reports, click here. According to InvestingPro, the company's financial health score is rated as "Good Performance." To explore Argan's latest earnings reports and financial information, click here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.