American Vanguard (NYSE:AVD) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
American Vanguard missed estimated earnings by 74.07%, reporting an EPS of $0.07 versus an estimate of $0.27.
Revenue was down $24.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 4.58% increase in the share price the next day.
Here’s a look at American Vanguard’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.26 | 0.22 | 0.20 |
| EPS Actual | 0.14 | 0.23 | 0.23 | 0.33 |
| Revenue Estimate | 158.55M | 158.90M | 148.35M | 130.50M |
| Revenue Actual | 159.98M | 152.12M | 148.08M | 149.44M |
To track all earnings releases for American Vanguard visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
