Argan Inc (AGX) reported better-than-expected financial results for the third quarter of fiscal 2026. The company achieved earnings per share (EPS) of $2.17, surpassing Wall Street's consensus estimate of $2.07 by $0.10. Revenue remained steady at $0.3 billion, matching analyst expectations.
This update provides insight into Argan's operational performance and financial health, indicating stronger-than-anticipated business fundamentals. The company operates in the construction industry, offering a suite of services through its subsidiaries, including Gemma Power Systems, Atlantic Projects Company, The Roberts Company, and Southern Maryland Cable. With a market capitalization of $4.6 billion and a trailing P/E ratio of 39.52, Argan continues to position itself strategically within the power generation and industrial construction sectors.
Argan will host an earnings conference call at 4:30 PM ET to discuss these results and provide additional commentary on business performance. Investors are encouraged to review the full earnings release and listen to management's insights for a comprehensive understanding of the quarter's performance and future outlook. Upcoming earnings on June 2, 2026, are expected to yield an EPS of $2.22 and revenue of $259.7 million.