American Vanguard Q2 EPS $(0.04) Misses $0.32 Estimate, Sales $132.79M Miss $166.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Vanguard (NYSE:AVD) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate of $0.32 by 112.5%. This is a 117.39% decrease from the same period last year. The company also reported quarterly sales of $132.79 million, missing the analyst consensus estimate of $166.00 million by 20.01%. This is a 10.33% decrease from the same period last year.
August 08, 2023 | 8:10 pm
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NEGATIVE IMPACT
American Vanguard reported a significant miss in Q2 earnings and sales, indicating a potential negative impact on its stock price.
American Vanguard's Q2 earnings and sales significantly missed estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100