LOGO
LOGO

Quick Facts

American Vanguard Q4 Profit Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

American Vanguard Corp. (AVD), a specialty and agricultural products company, Thursday reported an increase in profit for the fourth quarter to $11.3 million, from $6.4 million in the prior year. Earnings per share climbed to $0.39 from $0.23.

On average, 5 analysts polled by Thomson Reuters expected earnings of $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Also, net sales improved to $104.3 million from $81.8 million. Analysts expected to see revenues of $99.05 million.

Eric Wintemute, Chief Executive, American Vanguard, stated, "Our record-setting performance in 2012, capped by our first $100+ million revenue quarter, was driven by strong end-use demand and consistent business execution by our organization."

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19