earnings
confidence high
sentiment positive
materiality 0.75
American Vanguard Q3 EPS $0.23 (+27.8% YoY); adj. EBITDA view ~$80M
AMERICAN VANGUARD CORP
2022-Q3 EPS reported
$0.78
revenue$449,636,000
- Q3 net sales $152M (+3.4% YoY), net income $6.7M (+21.8%), diluted EPS $0.23.
- Nine-month net sales $450M (+13.1%), net income $23.5M (+71.5%), EPS $0.78.
- Full-year adj. EBITDA target ~$80M (13% of expected sales), exceeding prior 24-28% growth range.
- Repurchased 1.5M shares YTD via ASR and 10b5-1 plan.
- Secured Counter nematicide registration for soybeans in Brazil; alliance with NewLeaf Symbiotics.