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ARKO (ARKO) - 2024 Q2 - Earnings Call Transcript
2024-08-09 14:40
Arko Corp. (NASDAQ:ARKO) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Jordan Mann - Senior Vice President of Capital Markets, Corporate Strategy, and Investor Relations Arie Kotler - Chairman, President and Chief Executive Officer Rob Giammatteo - EVP & Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Kelly Bania - BMO Capital Markets Operator Good day, everyone, and welcome to today's Arko Corporation Second Quarter 2024 Earnings. [Operat ...
ARKO Corp. (ARKO) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 23:35
ARKO Corp. (ARKO) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.89%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.02, delivering a surprise of 88.24%.Over the last four quarters, the company has surp ...
ARKO (ARKO) - 2024 Q2 - Quarterly Report
2024-08-06 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction of In ...
ARKO (ARKO) - 2024 Q2 - Quarterly Results
2024-08-06 20:01
Exhibit 99.1 ARKO Corp. Reports Second Quarter 2024 Results ARKO Corp. (Nasdaq: ARKO) ("ARKO" or the "Company"), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Key Highlights (vs. Year-Ago Quarter) 1,2 • Net income for the quarter was $14.1 million compared to $14.5 million, with recent acquisitions and higher fuel margin partially offsetting continued declines in ...
ARKO Corp. (ARKO) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-30 22:55
The most recent trading session ended with ARKO Corp. (ARKO) standing at $6.48, reflecting a +0.93% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.5%. At the same time, the Dow added 0.5%, and the tech-heavy Nasdaq lost 1.28%.The the stock of company has risen by 11.27% in the past month, leading the Consumer Staples sector's gain of 4.37% and the S&P 500's gain of 0.1%.Market participants will be closely following the financial results of ARKO Corp. in its ...
Wall Street Bulls Look Optimistic About ARKO (ARKO): Should You Buy?
ZACKS· 2024-07-26 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ARKO Corp. (ARKO) .ARKO currently has an average brokerage recommendation ...
ARKO to Report Second Quarter 2024 Financial Results on August 6, 2024
GlobeNewswire News Room· 2024-07-25 15:12
RICHMOND, Va., July 25, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) a Fortune 500 company and one of the largest convenience store operators in the United States, today announced that the Company will host a conference call on Tuesday, August 6, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. ARKO Corp.’s management team will host the conference call, followed by a question-and-answer period. The Company will provide its fina ...
ARKO Corp. (ARKO) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-23 23:06
ARKO Corp. (ARKO) closed the most recent trading day at $6.31, moving -0.47% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.06%.Coming into today, shares of the company had gained 0.48% in the past month. In that same time, the Consumer Staples sector gained 1.5%, while the S&P 500 gained 1.96%.Analysts and investors alike will be keeping a close e ...
ARKO Corp. (ARKO) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-07-10 22:56
ARKO Corp. (ARKO) closed the most recent trading day at $5.72, moving +0.7% from the previous trading session. This change lagged the S&P 500's 1.02% gain on the day. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%.Shares of the company have depreciated by 7.19% over the course of the past month, underperforming the Consumer Staples sector's loss of 2.18% and the S&P 500's gain of 4.44%.Analysts and investors alike will be keeping a close eye on t ...
Wall Street Analysts Think ARKO (ARKO) Is a Good Investment: Is It?
ZACKS· 2024-07-10 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about ARKO Corp. (ARKO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.ARKO currently has an average b ...