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Arq Inc reports results for the quarter ended March 31 - Earnings Summary

Arq Inc ARQ.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -9 cents.  The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -1 cents per share.

Revenue rose 25.3% to $27.25 million from a year ago; analysts expected $26.27 million.

Arq Inc's reported EPS for the quarter was breakeven results​.

The company reported quarterly net income of $203 thousand.

Arq Inc shares had risen by 1.9% this quarter and lost 43.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 300% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the commodity chemicals peer group is also "buy"

Wall Street's median 12-month price target for Arq Inc is $9.50

This summary was machine generated from LSEG data May 7 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.020.00Beat
Dec. 31 2024-0.020.00Beat
Sep. 30 20240.040.04Met
Jun. 30 2024-0.05-0.06Missed

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