Yahoo Finance Arko First Quarter 2024 Earnings: EPS Beats Expectations
Arko (NASDAQ:ARKO) First Quarter 2024 Results
Key Financial Results
Revenue: US$2.07b (flat on 1Q 2023).
Net loss: US$2.01m (loss narrowed by 50% from 1Q 2023).
US$0.017 loss per share (improved from US$0.033 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arko EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 89%.
Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are up 19% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 5 warning signs for Arko (1 is a bit unpleasant!) that you need to be mindful of.
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