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Wednesday, December 7, 2016
Rockville company exceeds Wall Street forecast
Argan, Inc., a Rockville-based builder of power plants, beat Wall Street's forecast for its earnings per share in the 3rd quarter. Analysts had predicted earning of 75 cents per share, the Associated Press reports. Instead, Argan delivered a profit of $1.16 per share.
Shares of Argan have more than doubled in value since January, according to Zacks Investment Research. Argan is located at One Church Street.