Arko (ARKO) Scheduled to Post Quarterly Earnings on Thursday

Arko (NASDAQ:ARKO) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Arko to post earnings of $0.16 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Arko (NASDAQ:ARKO) last posted its earnings results on Tuesday, August 6th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.41 billion. Arko had a return on equity of 13.12% and a net margin of 0.39%. During the same period last year, the company posted $0.11 EPS. On average, analysts expect Arko to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Arko Price Performance

ARKO stock traded up $0.09 during trading on Tuesday, reaching $6.67. 51,660 shares of the company were exchanged, compared to its average volume of 360,575. The company has a market capitalization of $772.19 million, a price-to-earnings ratio of 25.31 and a beta of 0.47. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.58 and a quick ratio of 1.06. The company has a 50-day moving average of $6.67 and a two-hundred day moving average of $6.12. Arko has a twelve month low of $4.09 and a twelve month high of $8.42.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company increased their price target on Arko from $5.00 to $6.25 and gave the company an “equal weight” rating in a research note on Thursday, August 8th.

Arko Company Profile

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.