American Vanguard Corp (AVD) Q3 2024: Everything You Need to Know Ahead of Earnings

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5 days ago

American Vanguard Corp (AVD, Financial) is set to release its Q3 2024 earnings on Nov 11, 2024. The consensus estimate for Q3 2024 revenue is $139.20 million, and the earnings are expected to come in at -$0.10 per share. The full year 2024's revenue is expected to be $571.95 million and the earnings are expected to be -$0.32 per share. More detailed estimate data can be found on the Forecast page.

American Vanguard Corp (AVD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for American Vanguard Corp (AVD) have seen a decline, moving from $596.75 million down to $571.95 million for the full year 2024, and from $628.95 million down to $598.75 million for 2025. Earnings estimates have also been adjusted, with expectations for the full year 2024 decreasing from $0.26 per share to -$0.32 per share, and for 2025 from $0.67 per share to $0.40 per share.

American Vanguard Corp (AVD, Financial) Reported History

In the previous quarter of June 30, 2024, American Vanguard Corp's (AVD) actual revenue was $128.21 million, which missed analysts' revenue expectations of $133.60 million by -4.04%. American Vanguard Corp's (AVD) actual earnings were -$0.42 per share, which missed analysts' earnings expectations of -$0.045 per share by -833.33%. After releasing the results, American Vanguard Corp (AVD) was up by 4.07% in one day.

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American Vanguard Corp (AVD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for American Vanguard Corp (AVD) is $12.50 with a high estimate of $14 and a low estimate of $11. The average target implies an upside of 124.01% from the current price of $5.58.

Based on GuruFocus estimates, the estimated GF Value for American Vanguard Corp (AVD, Financial) in one year is $19.16, suggesting an upside of 243.37% from the current price of $5.58.

Based on the consensus recommendation from 2 brokerage firms, American Vanguard Corp's (AVD, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.