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ARKO Corp. (ARKO) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-30 23:06
In the latest market close, ARKO Corp. (ARKO) reached $7.02, with a -1.13% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%.Shares of the company have appreciated by 13.42% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.54% and the S&P 500's gain of 2.06%.Market participants will be closely following the financial results of ARKO Co ...
ARKO Corp. (ARKO) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-09-23 22:56
ARKO Corp. (ARKO) closed the most recent trading day at $6.89, moving -0.29% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.The company's shares have seen an increase of 9.16% over the last month, surpassing the Consumer Staples sector's gain of 1.83% and the S&P 500's gain of 2%.The investment community will be closely monitoring the performance of ARKO Corp. in its forthcom ...
ARKO Corp. (ARKO) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-16 22:57
ARKO Corp. (ARKO) closed the most recent trading day at $6.41, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the company have depreciated by 2.6% over the course of the past month, underperforming the Consumer Staples sector's gain of 4.49% and the S&P 500's gain of 3.67%.The upcoming earnings release of ARKO Corp. will be of great interest to invest ...
ARKO Corp. (ARKO) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-09-06 14:01
ARKO Corp. (ARKO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -4% over the past month versus the Zacks S&P 500 composite's +6.2% change. The Zacks Consumer Products - Staples industry, to which ARKO belongs, has gained 9.4% over this period. Now the key question is: Where could the stock be headed in the near term?While medi ...
Is ARKO (ARKO) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-08-30 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ARKO Corp. (ARKO) .ARKO currently has an average brokerage recommendation ...
Brokers Suggest Investing in ARKO (ARKO): Read This Before Placing a Bet
ZACKS· 2024-08-14 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ARKO Corp. (ARKO) .ARKO currently has an average brokerage recommendation (ABR) of 2.00, on a s ...
ARKO (ARKO) - 2024 Q2 - Earnings Call Transcript
2024-08-09 14:40
Arko Corp. (NASDAQ:ARKO) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Jordan Mann - Senior Vice President of Capital Markets, Corporate Strategy, and Investor Relations Arie Kotler - Chairman, President and Chief Executive Officer Rob Giammatteo - EVP & Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Kelly Bania - BMO Capital Markets Operator Good day, everyone, and welcome to today's Arko Corporation Second Quarter 2024 Earnings. [Operat ...
ARKO Corp. (ARKO) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 23:35
ARKO Corp. (ARKO) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.89%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.02, delivering a surprise of 88.24%.Over the last four quarters, the company has surp ...
ARKO (ARKO) - 2024 Q2 - Quarterly Report
2024-08-06 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction of In ...
ARKO (ARKO) - 2024 Q2 - Quarterly Results
2024-08-06 20:01
Exhibit 99.1 ARKO Corp. Reports Second Quarter 2024 Results ARKO Corp. (Nasdaq: ARKO) ("ARKO" or the "Company"), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Key Highlights (vs. Year-Ago Quarter) 1,2 • Net income for the quarter was $14.1 million compared to $14.5 million, with recent acquisitions and higher fuel margin partially offsetting continued declines in ...