Arko Corp. reports results for the quarter ended September 30 - Earnings Summary

• Arko Corp. reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 10 cents. The lone analyst forecast for the quarter was for earnings of 12 cents per share.

• Revenue rose 18.3% to $2.39 billion from a year ago; analysts expected $2.02 billion.

• Arko Corp.'s reported EPS for the quarter was 8 cents​.

• The company reported quarterly net income of $9.25 million.

• Arko Corp. shares had fallen by 1.9% this quarter and lost 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.3% 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 oil & gas refining and marketing peer group is also "buy"

• Wall Street's median 12-month price target for Arko Corp. is $8.50, about 52.5% above its last closing price of $4.04

This summary was machine generated from LSEG data November 5 at 08:35 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)