Arko (ARKO) to Release Quarterly Earnings on Thursday

Arko (NASDAQ:ARKO - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Arko (NASDAQ:ARKO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business 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 Stock Performance

ARKO traded down $0.16 during trading on Thursday, reaching $6.70. 125,634 shares of the company were exchanged, compared to its average volume of 362,121. Arko has a 52 week low of $4.09 and a 52 week high of $8.42. The company has a current ratio of 1.58, a quick ratio of 1.06 and a debt-to-equity ratio of 3.97. The firm has a 50 day moving average of $6.65 and a 200 day moving average of $6.06. The stock has a market cap of $775.67 million, a P/E ratio of 25.81 and a beta of 0.46.

Arko Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 19th were issued a $0.03 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.79%. Arko's dividend payout ratio (DPR) is presently 46.15%.

Analysts Set New Price Targets

Separately, Wells Fargo & Company upped their target price on shares of Arko from $5.00 to $6.25 and gave the stock an "equal weight" rating in a research report 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.