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Market Overview

Earnings Preview for American Vanguard

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American Vanguard (NYSE:AVD) announces its next round of earnings this Thursday, March 11. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect American Vanguard's EPS to be near $0.22 on sales of $144.55 million. American Vanguard EPS in the same period a year ago totaled $0.12. Revenue was $131.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Thursday, earnings would be up 83.33%. Revenue would be up 10.34% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.13 0.11 0.04 0.11
EPS Actual 0.10 0.13 0.02 0.12
Revenue Estimate 121.10 M 116.63 M 98.93 M 135.88 M
Revenue Actual 117.44 M 104.56 M 95.96 M 131.00 M

Stock Performance

Over the last 52-week period, shares are up 70.04%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. American Vanguard is scheduled to hold the call at 16:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings