American Vanguard Corp reports results for the quarter ended September 30 - Earnings Summary

American Vanguard

12/11/2024 03:42

* American Vanguard Corp  AVD.N  reported a quarterly
adjusted
loss of 92 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -1 cents.  The mean expectation of two analysts for the
quarter was for a loss of 9 cents per share. Wall Street
expected results to range from -10 cents to -9 cents per share.
    * Revenue fell 20.9% to $118.31 million from a year ago;
analysts
expected $139.20 million. 
    * American Vanguard Corp shares had risen by 8.9% this
quarter and
lost 47.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 12.50 
This summary was machine generated from LSEG data November 12 at
03:42 a.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
 Sep. 30 2024      -0.09          -0.92          Missed
 Jun. 30 2024      -0.04          -0.42          Missed
 Mar. 31 2024      0.13           0.06           Missed
 Dec. 31 2023      0.27           0.24           Missed