earnings
confidence high
sentiment positive
materiality 0.65
Argan FY2024 revenue $573.3M (+26%), Q4 rev $164.6M (+38.5%); div $0.30
ARGAN INC
- FY2024 diluted EPS $2.39 vs $2.33; net income $32.4M vs $33.1M.
- Q4 net income $12.0M ($0.89 diluted) vs $13.6M ($1.00) a year ago.
- Quarterly dividend of $0.30 declared, payable April 30 to holders of record April 22.
- Kilroot project losses: $2.1M in Q4, $13.6M for FY; claims submitted for recovery.
- Backlog $757M; no debt; cash and investments $412.4M.