Stock Analysis
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- NYSE:AVD
American Vanguard Full Year 2022 Earnings: EPS Beats Expectations
American Vanguard (NYSE:AVD) Full Year 2022 Results
Key Financial Results
- Revenue: US$609.6m (up 9.5% from FY 2021).
- Net income: US$27.4m (up 47% from FY 2021).
- Profit margin: 4.5% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue.
- EPS: US$0.94 (up from US$0.62 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
American Vanguard EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%.
Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on American Vanguard's balance sheet health.
What are the risks and opportunities for American Vanguard?
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally.
Rewards
Earnings are forecast to grow 22.44% per year
Earnings grew by 47.4% over the past year
Risks
No risks detected for AVD from our risks checks.
Further research on
American Vanguard
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:AVD
American Vanguard
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally.
Flawless balance sheet with solid track record.
