American Vanguard Corp reports results for the quarter ended in March - Earnings Summary

American Vanguard

09/05/2024 22:38

* American Vanguard Corp  AVD.N  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 7 cents.  The mean expectation of two analysts for the
quarter was for earnings of 13 cents per share. Wall Street
expected results to range from 8 cents to 17 cents per share.
    * Revenue rose 8.2% to $135.14 million from a year ago;
analysts
expected $141.90 million. 
    * American Vanguard Corp shares had fallen by 3.8% this
quarter and gained 13.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 78.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "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 agricultural
chemicals peer group is also "buy"

Wall Street's median 12-month price target for American Vanguard
Corp is $18.00 
This summary was machine generated from LSEG data May 9 at 09:38
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.13           0.06           Missed
 Dec. 31 2023      0.27           0.24           Missed
 Sep. 30 2023      0.12           -0.01          Missed
 Jun. 30 2023      0.32           -0.04          Missed