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Ag Growth International Q2 2023 Earnings Report

Ag Growth International logo
C$50.88 +0.15 (+0.30%)
(As of 12/20/2024 05:17 PM ET)

Ag Growth International EPS Results

Actual EPS
C$2.24
Consensus EPS
C$1.29
Beat/Miss
Beat by +C$0.95
One Year Ago EPS
C$1.20

Ag Growth International Revenue Results

Actual Revenue
$390.27 million
Expected Revenue
$424.00 million
Beat/Miss
Missed by -$33.73 million
YoY Revenue Growth
N/A

Ag Growth International Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

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Ag Growth International Earnings Headlines

Ag Growth International (TSX: AFN)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
AGI Announces Normal Course Issuer Bid
Ag Growth International Inc. (TSE:AFN) Has A ROE Of 9.9%
TSX Retreats After Hitting Fresh Record High, Settles Marginally Down
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About Ag Growth International

Ag Growth International (TSE:AFN), together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems. It also provides portable handling equipment, such as augers, conveyors, grain vacs, post pounders, seed treaters, and related accessories; permanent handling equipment, such as bucket elevators, chain and belt conveyors, distributors, feed handling, screw feeders and conveyors, and spouts and connectors. In addition, the company offers towers, catwalks, and ladders, as well as all-steel buildings; batch blenders, bulk scales, declining weight blenders, vertical blenders, micro-dosing systems, mixers, and milling equipment; and controllers, hazard monitoring, and monitoring and automation equipment. Its products are used in port facilities, inland grain terminals, corporate farms, fertilizer distribution sites, ethanol production, oilseed crushing, commercial feed mills, rice mills, and flour mills. The company serves farmers, agribusinesses, grain handlers, regional cooperatives, contractors, food and animal feed manufacturers, and fertilizer blenders and distributors. Ag Growth International Inc. was founded in 1996 and is based in Winnipeg, Canada.

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