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

• Arq Inc ARQ.OQ reported quarterly breakeven results​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 10 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 fell 3.8% to $27.04 million from a year ago; analysts expected $28.83 million.

• Arq Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $1.34 million.

• Arq Inc shares had fallen by 34.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 March 6 at 03:28 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)