Argan (AGX) Beats Q3 Earnings and Revenue Estimates

Core Insights - Argan (AGX) reported quarterly earnings of $2.17 per share, exceeding the Zacks Consensus Estimate of $1.82 per share, and showing an increase from $2 per share a year ago, resulting in an earnings surprise of +19.23% [1] - The company generated revenues of $251.15 million for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 5.12%, although this represents a decline from year-ago revenues of $257.01 million [2] - Argan shares have appreciated approximately 156.2% year-to-date, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.04, with expected revenues of $260.86 million, and for the current fiscal year, the consensus EPS is $7.95 on revenues of $931.2 million [7] - The estimate revisions trend for Argan was favorable prior to the earnings release, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Building Products - Miscellaneous industry, to which Argan belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8]