Arko (ARKO) Scheduled to Post Earnings on Thursday

Arko (NASDAQ:ARKO) is scheduled to release 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Arko (NASDAQ:ARKO) last issued its quarterly earnings data 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 for 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 quarter in the previous year, the company earned $0.11 earnings per share. 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

Shares of ARKO opened at $6.86 on Thursday. The company has a market cap of $794.19 million, a P/E ratio of 26.38 and a beta of 0.46. The stock has a fifty day moving average price of $6.65 and a 200 day moving average price of $6.06. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.58 and a quick ratio of 1.06. Arko has a 12 month low of $4.09 and a 12 month high of $8.42.

Arko Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 19th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.12 dividend on an annualized basis and a yield of 1.75%. Arko’s payout ratio is currently 46.15%.

Wall Street Analysts Forecast Growth

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

About Arko

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.