Why Argan Stock Soared 24% Today

Argan just surprised investors. Can it do it again in 2024?Investors in Rockville, Maryland-based engineering firm Argan (AGX 22.43%) are having a good day Friday, as the energy plant builder closes out the week with a powerful earnings report for the fiscal fourth quarter of 2024, ended Jan. 31.Analysts had forecast Argan would earn just $0.75 per share for the quarter, but Argan reported last night that Q4 earnings were a better-than-expected$0.89. Quarterly sales of $164.6 million also seem to have topp ...