American Vanguard Corp. (AVD) reported first-quarter net income of $8.7 million or $0.31 per share, up from $5.0 million or $0.18 per share last year.
On average, 3 analysts expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter rose 32 percent to $87.3 million from $66.0 million a year ago. Analysts expected revenues of $82.15 million for the quarter.
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