Ag Growth Int'l Inc. (TSE:AFN)
TSX:AFN
Earnings Data
Report Date
May 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.64Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call mixed modest revenue growth and international/commercial topline strength with material operational and financial setbacks. Management disclosed significant margin compression (~830 bps), a large negative free cash flow outflow (~$111M in 2025), elevated leverage (4.7x), and execution failures—notably in Brazil—while outlining a clear restructuring plan, $20M+ annualized SG&A savings, ERP termination to preserve cash, and expectation to monetize $80–$100M of receivables to improve liquidity. The initiatives are constructive but the magnitude and immediacy of the profit, cash and leverage issues indicate significant near-term risk.Company Guidance
Revenue Growth in Q4
Consolidated Q4 revenue increased 4% year-over-year to $396 million, driven by strength in the Commercial segment and international markets.
Commercial Segment Strength (Topline)
Commercial segment revenue rose 10% year-over-year to $273 million, with international commercial revenue up 18% to $206 million and Brazil and EMEA contributing materially to Q4 topline.
Farm Segment Pockets of Improvement
U.S. Farm revenue increased 11% year-over-year and International Farm revenue increased 36% year-over-year; early order program activity in North America showed encouraging early signs for 2026.
Restructuring and Organizational Simplification
Executive team reduced from 17 to 8 to accelerate decision-making; North American leadership structure simplified and smaller business units integrated under a single regional leader to improve execution and customer focus.
Immediate and Identified Cost Savings
Actions expected to drive at least $20 million of annualized SG&A savings; terminating the ERP implementation expected to enable approximately $20 million of cash cost avoidance over the next two years.
Balance Sheet Actions and Bank Support
Amendment executed with lending syndicate to extend senior credit facility maturity to 2030; monetization vehicle in Brazil has generated $7 million to date and management expects to monetize $80–$100 million of receivables by H1 to materially improve cash flow.
TSE:AFN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:AFN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | C$25.16 | C$16.89 | -32.87% |
Jan 09, 2026 | C$23.67 | C$28.94 | +22.26% |
Jul 31, 2025 | C$41.67 | C$42.58 | +2.18% |
May 05, 2025 | C$32.39 | C$33.61 | +3.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ag Growth Int'l Inc. (TSE:AFN) report earnings?
Ag Growth Int'l Inc. (TSE:AFN) is schdueled to report earning on May 06, 2026, Before Open (Confirmed).
What is Ag Growth Int'l Inc. (TSE:AFN) earnings time?
Ag Growth Int'l Inc. (TSE:AFN) earnings time is at May 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:AFN EPS forecast?
TSE:AFN EPS forecast for the fiscal quarter 2026 (Q1) is -0.64.