Convenience store operator Arko warns of likely Q4 loss

Reuters
Feb 03
Convenience store operator Arko warns of likely Q4 loss

Overview

  • Convenience store operator's preliminary Q4 net income ranges from a net loss of $1.8 million and net income of $0.4 million

  • Preliminary Q4 adjusted EBITDA expected between $63.1 mln and $66.1 mln

  • Arko Petroleum launches IPO roadshow, significant for company's business

Outlook

  • Company plans to provide 2026 outlook when it gives final Q4 results

Result Drivers

  • ACQUISITION COSTS - Co incurred costs related to acquisitions and divestitures, impacting financial results

  • IPO EXPENSES - Co faced costs related to the IPO of Arko Petroleum, affecting financial performance

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Net Income

-$1.80 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

  • Wall Street's median 12-month price target for Arko Corp. is $8.50, about 51.8% above its February 2 closing price of $5.60

  • The stock recently traded at 66 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nGNX1HCyqw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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