Argan is trading at $448.00, up +9.16% in pre-market after a record earnings beat.
- Second-quarter fiscal 2027 revenue reached $384 million, up 61.5% year over year; adjusted EBITDA hit a record $70 million.
- Adjusted EPS reached $3.76, beating the $2.66 estimate; power-segment construction activity drove results, lifting after-hours shares sharply.
- Management offered no formal quantitative remainder-of-year guidance; sequential backlog declined, creating a potential risk. The move was primarily company-driven by the September 2 earnings release, not broad market strength.