Core Insights - The article emphasizes the importance of saving and investing wisely, advocating for a disciplined approach to personal finance and investment strategies [1] Group 1: Investment Philosophy - The company suggests saving 10% of income consistently, regardless of the amount, as a fundamental principle of financial health [1] - It highlights the importance of investing in one's competitive advantage, recommending that individuals focus on sectors where they have expertise [1] - The article advises against trading and promotes long-term investing, stating that investments should only be sold if the original thesis is invalidated [1] Group 2: Personal Fulfillment - The company encourages pursuing passions over purely financial gains, suggesting that long-term happiness can outweigh short-term monetary benefits [1]

Investors clearly had relatively high expectations for the company's second-to-last quarter of the year.Industrial construction specialist Argan (AGX 12.41%) didn't finish the trading week on a high note. On Friday, investors assertively sold out of the stock following the release of an earnings report that many found dispiriting. The company's share price fell by 12% that trading session. A beat and a missIn Argan's third quarter, the company reported revenue of nearly $251.2 million, a 2% decrease year-ov ...

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: William Blair upgraded Rubrik (RBRK) to Outperform from Market Perform. The company reported "stellar beat-and-raise results" amid ongoing share gains in the cyber-resilience market, the firm tells investors in a research note.Oppenheimer upgraded Corpay (CPAY) to Outperform from Perform with a $380 price target. ...

Group 1 - U.S. stock futures were mostly higher, with Nasdaq futures gaining around 100 points [1] - Domo Inc reported quarterly earnings of 1 cent per share, beating the analyst consensus estimate of a loss of 5 cents per share [2] - Domo's quarterly sales were $79.400 million, exceeding the analyst consensus estimate of $78.967 million [2] Group 2 - Domo shares fell 14.2% to $9.93 in pre-market trading following the earnings report and weak fourth-quarter sales guidance [2] - Sportsman's Warehouse Holdings Inc tumbled 18.8% to $1.99 in pre-market trading after reporting third-quarter results [4] - Argan Inc fell 11.6% to $315.00 in pre-market trading due to worse-than-expected third-quarter sales results [4] - Hewlett Packard Enterprise Co shares dipped 9.2% to $20.80 after mixed fourth-quarter financial results and weak first-quarter sales guidance [4] - SentinelOne Inc declined 8% to $15.61 after narrowing its FY26 sales guidance below estimates [4] - SoFi Technologies Inc fell 7.5% to $27.39 as the company announced pricing of a public offering of common stock [4] - Oklo Inc fell 6.6% to $104.30 after entering into an equity distribution agreement to offer up to $1.5 billion of common stock [4] - Docusign Inc fell 5.5% to $67.21 following third-quarter results [4] - Parsons Corp fell 5.3% to $80.00 in pre-market trading [4] - Chatham Lodging Trust fell 4.3% to $6.24 in pre-market trading [4]

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

Group 1 - The article does not provide any specific content related to a company or industry [1]

Argan (AGX) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +19.23%. A quarter ago, it was expected that this builder of energy plants would post earnings of $1.99 per share when it actually produced earnings of $2.5, delivering a surprise of +25.63%.Over the last four quarters, the comp ...

Financial Data and Key Metrics Changes - The company reported third quarter revenues of $251 million, a slight decrease from $257 million in the same quarter of fiscal 2025, primarily due to the completion of significant projects [7][18] - Gross profit for the third quarter was approximately $46.9 million, with a gross margin of 18.7%, up from 17.2% in the prior year [18][19] - Net income for the quarter was $30.7 million, or $2.17 per diluted share, compared to $28 million, or $2 per diluted share, for the same period last year [21] - EBITDA increased to $40.3 million, with an EBITDA margin of 16%, compared to 14.6% in the prior year [21][22] - The company maintained a strong balance sheet with $727 million in cash and investments, net liquidity of $377 million, and no debt [9][24] Business Line Data and Key Metrics Changes - Power Industry Services segment revenues decreased by 8% to $196 million, representing 78% of total revenues [10] - Industrial Construction Services segment revenues increased by 19% to $49 million, contributing 20% of consolidated revenues [10] - Telecommunications Infrastructure Services segment revenues grew by 76% to $6.3 million, accounting for 2% of total revenues [11] Market Data and Key Metrics Changes - The company has a record backlog of approximately $3 billion, which includes over 6 gigawatts of new thermal and renewable power plants [4][14] - The backlog consists of approximately 79% natural gas projects and 16% renewable projects, indicating a strong demand for new natural gas facilities [13][14] Company Strategy and Development Direction - The company aims to leverage its core competencies to capitalize on existing and emerging market opportunities, focusing on disciplined risk management and project management effectiveness [29][30] - There is a commitment to maintaining a presence in the renewable space while expecting gas-fired and other thermal power facilities to represent a substantial portion of the backlog in the near and midterm [13][14] - The company is dedicated to driving long-term value creation for shareholders through disciplined capital allocation and potential M&A opportunities [26][30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment, driven by the electrification of everything and the aging of existing power facilities [5][12] - The company expects to continue adding projects to its backlog in the high-demand environment over the coming years [30] - Management highlighted the importance of reliable energy supply for AI data centers and complex manufacturing operations, positioning the company as a key player in energy infrastructure [12][27] Other Important Information - The company raised its quarterly dividend to $0.50, marking the third consecutive increase in the past three years [9][25] - The company has returned approximately $109.6 million to shareholders since initiating its share buyback program in November 2021 [26] Q&A Session Summary Question: Insights on margins moving forward - Management has not disclosed specific pricing on gas projects but maintains a flexible pricing model based on market conditions and project specifics [33][34] Question: Sustainable gross margin targets - Management remains conservative with margin guidance but has exceeded previous benchmarks, indicating excitement about future opportunities [35][36] Question: Manpower challenges with multiple projects - Labor remains a challenge, but the company is focused on growing its headcount to meet project demands [37][38] Question: Pipeline cadence and future job additions - Management expects to add a handful of jobs over the next 12 to 24 months but cannot predict exact timing due to project start date variability [42][44] Question: Changes in the competitive environment - The competitive landscape has shifted, with fewer companies able to handle large, complex projects, but there is enough work for all players in the market [45][46] Question: Project selection criteria - The company remains flexible in contract terms and is focused on building relationships with both repeat and new customers [53][56] Question: Opportunities from private players or hyperscalers - Management is open to participating in behind-the-meter projects and evaluates each opportunity based on fit and contract terms [62][63] Question: Geographic opportunities for gas generation - The company sees opportunities in various regions, including Texas and the PJM area, and is familiar with the competitive landscape there [70][71]

Financial Data and Key Metrics Changes - The company reported third-quarter revenues of $251 million, a slight decrease of 2% compared to $257 million in the same quarter of fiscal 2025, primarily due to project completions [7][18] - Gross profit for the third quarter was approximately $46.9 million, with a gross margin of 18.7%, up from 17.2% in the prior year [8][19] - Net income for the third quarter was $30.7 million, or $2.17 per diluted share, compared to $28 million, or $2 per diluted share, for the same quarter last year [21] - Year-to-date revenues increased by 6% to $682.6 million compared to $641.7 million for the prior year period [22] Business Line Data and Key Metrics Changes - Power Industry Services segment revenues decreased by 8% to $196 million, representing 78% of total revenues [10] - Industrial Construction Services segment revenues increased by 19% to $49 million, contributing 20% of consolidated revenues [11] - Telecommunications Infrastructure Services segment revenues grew by 76% to $6.3 million, contributing 2% of total revenues [11] Market Data and Key Metrics Changes - The company has a record backlog of approximately $3 billion, which includes significant projects in both thermal and renewable energy sectors [4][14] - The backlog is comprised of approximately 79% natural gas projects and 16% renewable projects, indicating a strong demand for new natural gas facilities [13] Company Strategy and Development Direction - The company aims to leverage its core competencies to capitalize on existing and emerging market opportunities while maintaining disciplined risk management [28] - There is a focus on expanding capabilities in the construction of energy infrastructure, particularly large combined cycle natural gas plants [27][29] - The company is committed to returning capital to shareholders, having raised its quarterly dividend to $0.50, marking the third consecutive increase [9][26] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment, driven by the electrification of everything and the aging of existing power plants [5][12] - The company anticipates adding a handful of projects over the next 12 to 24 months, although the timing of new projects is uncertain [43] - Management highlighted the competitive landscape, noting that only a few companies can execute large, complex combined cycle projects [46][47] Other Important Information - The company has no debt and reported $727 million in cash and investments, with net liquidity of $377 million [9][24] - The company has returned approximately $109.6 million to shareholders since initiating its share buyback program in November 2021 [26] Q&A Session Summary Question: Insights on margins moving forward - Management has not disclosed specific pricing on gas projects but maintains a flexible pricing model based on market conditions [34] Question: Sustainable gross margin targets - Management remains conservative with guidance but has exceeded previous benchmarks, currently at 18.8% [35][36] Question: Labor challenges with multiple projects - Management acknowledged labor challenges and emphasized the importance of skilled labor across projects [37] Question: Pipeline cadence and future project additions - Management expects to add a handful of jobs over the next 12 to 24 months but cannot predict exact timing [42][43] Question: Changes in the competitive environment - Management noted that competition for large complex projects has decreased, with only a few companies capable of executing such projects [46][47] Question: Project selection criteria - Management emphasized the importance of contract terms and the flexibility to work with various customers [55][56] Question: Size of future projects - Management indicated that future projects are likely to be large, with current U.S. jobs averaging over 1 GW each [60][61]

Financial Data and Key Metrics Changes - The company reported third quarter revenues of $251 million, a slight decrease from $257 million in the same quarter of fiscal 2025, primarily due to the completion of significant projects [6][16] - Gross profit for the third quarter was approximately $46.9 million, with a gross margin of 18.7%, up from 17.2% in the prior year [17] - Net income for the third quarter was $30.7 million, or $2.17 per diluted share, compared to $28 million, or $2 per diluted share, for the same quarter last year [18] - Year-to-date revenues increased by 6% to $682.6 million compared to $641.7 million for the prior year period [19] Business Line Data and Key Metrics Changes - Power Industry Services segment revenues decreased by 8% to $196 million, representing 78% of total revenues [9] - Industrial Construction Services segment revenues increased by 19% to $49 million, contributing 20% of consolidated revenues [10] - Telecommunications Infrastructure Services segment revenues grew by 76% to $6.3 million, contributing 2% of total revenues [10] Market Data and Key Metrics Changes - The current backlog stands at approximately $3 billion, reflecting strong demand for new power resources [4][13] - The backlog is comprised of approximately 79% natural gas projects and 16% renewable projects, indicating a significant focus on natural gas facilities [12] Company Strategy and Development Direction - The company aims to leverage its capabilities in building complex combined cycle facilities to meet the growing demand for reliable energy [11][23] - There is a commitment to maintaining a disciplined approach to capital allocation and pursuing strategic M&A opportunities [22][24] - The company is focused on organic growth while being alert to acquisition opportunities that enhance its capabilities [24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the project pipeline and expects to add several new projects in the coming years [5][25] - The company highlighted the urgent need for new power resources due to aging infrastructure and increasing energy demand [11][23] - Management remains committed to executing diverse projects in the backlog and maintaining operational excellence [15][26] Other Important Information - The company has a strong balance sheet with $727 million in cash and investments, net liquidity of $377 million, and no debt [8][20] - A quarterly dividend of $0.50 was announced, marking the third consecutive increase in the past three years [8][22] Q&A Session Summary Question: Insights on margins moving forward - Management indicated that pricing models remain consistent, and while gross margins have exceeded expectations, it is too early to predict future margins [28][29] Question: Manpower challenges with multiple projects - Management acknowledged labor challenges but emphasized that they are at their largest headcount in history to manage the workload [30][31] Question: Pipeline activity expectations - Management expects to add a handful of jobs over the next 12 to 24 months but noted that timing is uncertain due to project start dates being controlled by developers [32][33] Question: Competitive environment changes - Management noted that competition for large complex projects has decreased, with only a few companies capable of executing such projects [35] Question: Project size and opportunities - Management stated that current projects average over one gigawatt, with no size limitations on future projects [40][41]