Calavo Growers (NASDAQ: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.