Argan

Q2 FY2027 EarningsQ2 FY27 delivered a significant beat across all key metrics: revenue of $384.0M exceeded the $300.6M consensus by 27.7%, and diluted EPS reached $3.76, surpassing the $2.55 consensus by 47.5%. The Power segment was the primary driver, growing 53% YoY with a strong 22% gross margin. While the project backlog decreased to $2.5B from $2.9B at fiscal year-end, record net income and a substantial cash balance of over $1.0B highlight robust execution and operational health.