Why Is Phibro (PAHC) Down 5.2% Since Last Earnings Report?

It has been about a month since the last earnings report for Phibro Animal Health (PAHC) . Shares have lost about 5.2% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Phibro due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. PAHC Q2 Earnings & Revenues Beat, Margins ...