FMP

FMP

American Vanguard Misses Q2 Expectations with Wider Loss and Revenue Miss

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Financial Modeling Prep (FMP)

American Vanguard Corp. (NYSE: AVD) reported disappointing second-quarter results, falling short of both earnings and revenue expectations amid ongoing operational headwinds.

Q2 Financial Highlights

  • Earnings per Share (EPS): Reported at -$0.30, significantly missing the consensus estimate of -$0.01.

  • Revenue: Came in at $115.8 million, below the expected $135 million.

The figures reflect ongoing challenges in the company's operating environment, with the earnings miss highlighting margin pressures and possible demand weakness.

Stock Performance Snapshot

  • Current price: $4.86 (as of last close)

  • 3-month change: +0.41%

  • 12-month change: -50.40%

Despite short-term stability, the stock remains heavily down over the past year, reflecting waning investor confidence.

Market Outlook

Over the past 90 days, EPS estimates have seen both upward and downward revisions, indicating mixed sentiment among analysts. The latest quarterly miss is likely to put additional pressure on American Vanguard's near-term performance outlook unless turnaround signs emerge in the next earnings cycle.

For further insights into earnings trends, refer to Earnings Historical and track updated analyst projections through the Price Target Summary.

Other Blogs

Nov 22, 2024 5:08 AM - Parth Sanghvi

Fundamental Analysis: Principles, Types, and How to Use It

Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...

blog post title

Dec 17, 2024 8:58 AM - Sanzhi Kobzhan

Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API

Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...

blog post title

Dec 22, 2024 7:59 AM - Sanzhi Kobzhan

Two great Software Platform Stocks Similar to Palantir (PLTR)

When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...

blog post title