ARQ (ARQ) Set to Announce Quarterly Earnings on Wednesday

ARQ (NASDAQ:ARQ) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect ARQ to post earnings of ($0.07) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

ARQ (NASDAQ:ARQ) last announced its earnings results on Tuesday, March 12th. The company reported $0.10 EPS for the quarter. ARQ had a negative net margin of 12.35% and a negative return on equity of 8.35%. The firm had revenue of $28.10 million for the quarter, compared to analysts’ expectations of $27.00 million. On average, analysts expect ARQ to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ARQ Price Performance

Shares of NASDAQ ARQ opened at $7.97 on Tuesday. ARQ has a 1 year low of $1.17 and a 1 year high of $8.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.90 and a current ratio of 3.75. The company’s 50-day simple moving average is $6.11. The stock has a market cap of $266.76 million, a PE ratio of -15.94 and a beta of 1.38.

Analysts Set New Price Targets

Separately, TheStreet upgraded shares of ARQ from a “d+” rating to a “c-” rating in a research note on Wednesday, March 13th.

About ARQ

Arq, Inc produces activated carbon products in North America. The company's products include granular activated carbon, powdered and granular activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control.