American Vanguard Corp. (AVD) Tops Q4 EPS by 3c

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American Vanguard Reports Fourth Quarter & Full Year 2018 Results

March 11, 2019 4:05 PM EDT

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corporation (NYSE: AVD) today announced financial results for the fourth quarter and full year ended December 31, 2018.

Fiscal 2018 Fourth Quarter Financial Highlights versus Fiscal 2017 Fourth Quarter:

Net sales were $131 million, compared to $116 million in 2017, an increase of 13% Operating income was $11.4 million in 2018, compared to $8.4 million in 2017, an increase of 33% Net income was $7.4 million in 2018, compared to $8.4 million in 2017 (which included a one-time $3.4 million tax benefit) Earnings per diluted share of $0.25 in 2018, compared to $0.28 in 2017 (which... More