Benzinga | Nov 6, 2020 10:07AM EST

Earnings Outlook for American Vanguard

American Vanguard (NYSE: AVD) unveils its next round of earnings this Monday, November 09. Get prepared with Benzinga's ultimate preview for American Vanguard's Q3 earnings.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see American Vanguard reporting earnings of $0.13 per share on sales of $121.10 million. In the same quarter last year, American Vanguard reported earnings per share of $0.11 on revenue of $124.88 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Monday, earnings would be up 18.18%. Revenue would be down 3.03% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.11 0.04 0.11 0.10EPS Actual 0.13 0.02 0.12 0.11Revenue Estimate 116.63 M 98.93 M 135.88 M 123.13 MRevenue Actual 104.56 M 95.96 M 131.00 M 124.88 M

Stock Performance

Over the past 52-week period, shares of American Vanguard have declined 14.76%.

Do not be surprised to see the stock move on comments made during its conference call. American Vanguard is scheduled to hold the call at 16:30:00 ET and can be accessed here.