Calavo Growers: Q2 Earnings Insights

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Calavo Growers CVGW reported its Q2 earnings results on Tuesday, June 6, 2023 at 04:05 PM.

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

Earnings

Calavo Growers missed estimated earnings by 105.56%, reporting an EPS of $-0.01 versus an estimate of $0.18.

Revenue was down $86.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.32 which was followed by a 23.85% drop in the share price the next day.

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

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.24 0.33 0.35 0.22
EPS Actual -0.08 0.03 0.16 0.33
Revenue Estimate 270.57M 297.97M 332.50M 316.85M
Revenue Actual 226.20M 243.57M 341.99M 331.42M

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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