American Vanguard Corp. (AVD) Tops Q4 EPS by 1c

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American Vanguard Reports Fourth Quarter & Full Year 2016 Results

March 6, 2017 4:15 PM EST

Full-Year Revenues Increase 8% and Earnings Grow 94%

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corporation (NYSE: AVD) today announced financial results for the fourth quarter and full year ended December 31, 2016.

Fiscal 2016 Fourth Quarter Financial Highlights versus Fiscal 2015 Fourth Quarter:

Net sales were $87.5 million in Q4 2016 compared to $83.8 million in Q4 2015. Net income was $3.9 million in Q4 2016 compared to $3.0 million in Q4 2015. Earnings per diluted share were $0.13 in Q4 2016 compared to $0.10 in Q4 2015.

Fiscal 2016 Financial Highlights versus Fiscal 2015:

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