ARC Earnings

ARC reported its earnings on 2024-10-31, showcasing a revenue of 0.00 against an estimate of 72.00M, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0.06 by 0% . The stock experienced a 0.3% price change on the earnings day and a 0.3% change over the next five days, reflecting market reactions to the results.

Following ARC's earnings announcement on 2024-10-31, the stock price moved by 0.30% on the day of the release. Over the subsequent five days, it saw a 0.30% change. Historically, ARC's stock price tends to shift by an average of +0.91% in the 10 days leading up to earnings and -1.35% in the 10 days following, providing insight into potential market.

For 2024/Q4, analysts estimate ARC’s annual revenue to reach 71.00M, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by % and EPS estimates No Change by % over the past three months, indicating analyst expectation in the company’s performance.

The correlation between ARC's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for were No Change by %, while EPS estimates moved No Change by % . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ARC's stock price typically moves by +0.91% in the 10 days before its earnings and -1.35% in the 10 days after. For the upcoming 2024/Q4 earnings, analysts expect an EPS of 0.00 and revenue of 71.00M.

The earnings call summary reflects several negative factors: competitive pressures, supply chain challenges, and high interest rates affecting project timelines. Despite positive elements like a 4% sales increase and margin improvement, these are overshadowed by the going private proposal, which adds uncertainty. The Q&A section reveals management's unclear responses and increased SG&A costs, further impacting sentiment. Although the company maintains its dividend, the lack of guidance and potential transition to a private entity create a negative outlook. The market's reaction is likely to be negative, with potential stock price decline between -2% and -8%.