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Stock impact report

Calavo (NASDAQ:CVGW) Misses Q1 Revenue Estimates [Yahoo! Finance]

Calavo Growers, Inc. (CVGW) 
Last calavo growers, inc. earnings: 3/10 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.calavo.com/home/default.aspx
Company Research Source: Yahoo! Finance
It made a non-GAAP loss of $0.01 per share, improving from its loss of $0.08 per share in the same quarter last year. Is now the time to buy Calavo? Find out by accessing our full research report, it's free Calavo (CVGW) Q1 FY2024 Highlights: Revenue: $127.6 million vs analyst estimates of $252.7 million (49.5% miss) EPS (non-GAAP): -$0.01 vs analyst estimates of $0.17 Gross Margin (GAAP): 9.8%, up from 6.4% in the same quarter last year Market Capitalization: $521.5 million Management Commentary “Our first quarter results were affected by temporary market dynamics within our avocado business, particularly for smaller sized fruit, and we are pleased to report that conditions have improved in February and March,” said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. A trailblazer in the avocado industry, Calavo Growers (NASDAQGS:CVGW) is a pioneering California-based provider of high-quality avocados and other fresh food products. Packaged Food Show less Read more
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