Recap: Calavo Growers Q1 Earnings

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Calavo Growers CVGW reported its Q1 earnings results on Monday, March 11, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Calavo Growers missed estimated earnings by -106.0%, reporting an EPS of $-0.01 versus an estimate of $0.17.

Revenue was down $226.20 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.52 which was followed by a 6.0% drop in the share price the next day.

Here's a look at Calavo Growers's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.19 0.31 0.18 0.24
EPS Actual -0.33 0.41 -0.01 -0.08
Revenue Estimate 263.40M 280.81M 265.20M 270.57M
Revenue Actual 241.18M 259.88M 244.69M 226.20M

To track all earnings releases for Calavo Growers visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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