Arq Inc ARQ.OQ ARQ.O is expected to show a rise in quarterly revenue when it reports results on March 5 for the period ending December 31 2024
The Greenwood Village Colorado-based company is expected to report a 2.6% increase in revenue to $28.826 million from $28.1 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Arq Inc is for a loss of 2 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Arq Inc is $9.50, above its last closing price of $5.22.
The company's guidance on November 7 2024 for the period ended December 31 was for Capital Expenditures between USD20 million and USD25 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.03 | 0.04 | 0.04 | Met | 14.3 |
Jun. 30 2024 | -0.05 | -0.06 | Missed | -20 | |
Mar. 31 2024 | -0.07 | -0.07 | -0.09 | Missed | -28.6 |
Dec. 31 2023 | -0.08 | 0.10 | Beat | 225 | |
Sep. 30 2023 | -0.11 | -0.07 | Beat | 36.4 | |
Jun. 30 2023 | -0.16 | -0.16 | -0.21 | Missed | -31.2 |
Mar. 31 2023 | -0.10 | -0.10 | -0.32 | Missed | -220 |
This summary was machine generated March 3 at 21:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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