American Vanguard (NYSE: AVD ) is expected to report Q2 earnings on Aug. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict American Vanguard's revenues will grow 10.8% and EPS will expand 10.0%.
The average estimate for revenue is $94.0 million. On the bottom line, the average EPS estimate is $0.33.
Last quarter, American Vanguard reported revenue of $121.5 million. GAAP reported sales were 39% higher than the prior-year quarter's $87.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.59. GAAP EPS of $0.59 for Q1 were 90% higher than the prior-year quarter's $0.31 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 44.3%, 150 basis points better than the prior-year quarter. Operating margin was 21.5%, 500 basis points better than the prior-year quarter. Net margin was 13.9%, 390 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $438.4 million. The average EPS estimate is $1.75.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 203 members out of 214 rating the stock outperform, and 11 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give American Vanguard a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American Vanguard is outperform, with an average price target of $36.75.
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