Shares of Argan Inc. (NYSE: AGX) surged 11.95% in after-hours trading on Thursday following the release of its fourth-quarter fiscal 2025 results, which significantly exceeded analyst expectations. The engineering and construction company demonstrated robust financial performance across key metrics, driving investor enthusiasm.

Argan reported a remarkable 149.44% year-over-year increase in earnings per share (EPS), reaching $2.22 compared to $0.89 in the same quarter last year. This figure impressively beat the analyst consensus estimate of $1.15 by 93.04%. Revenue for the quarter also showed strong growth, climbing 41.28% to $232.5 million from $164.6 million in the prior year period. The top-line result surpassed analyst projections of $197.5 million by 17.71%.

Other financial highlights further underscored Argan's solid performance. The company reported Q4 EBITDA of $39.3 million and net income of $31.4 million. A key driver of growth was the power industry services segment, where sales rose 65% year-over-year in the quarter. David Watson, President and Chief Executive Officer of Argan, commented on the results, stating, "Our fourth quarter performance continued the momentum we saw throughout fiscal 2025, providing a strong close to a year characterized by exceptional execution across all of our business segments." He also expressed optimism about future growth prospects, citing a strong pipeline of projects and increased demand for reliable energy infrastructure.