Recap: Calavo Growers Q1 Earnings

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.

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.

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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