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Calavo Growers Q3 2023 Earnings Report

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$24.69 +0.37 (+1.52%)
As of 01/17/2025 04:00 PM Eastern

Calavo Growers EPS Results

Actual EPS
$0.41
Consensus EPS
$0.31
Beat/Miss
Beat by +$0.10
One Year Ago EPS
$0.16

Calavo Growers Revenue Results

Actual Revenue
$259.90 million
Expected Revenue
$280.77 million
Beat/Miss
Missed by -$20.87 million
YoY Revenue Growth
-24.00%

Calavo Growers Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Calavo Growers Earnings Headlines

Why Calavo (CVGW) Shares Are Trading Lower Today
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Earnings Summary: Calavo Growers Q4
Calavo Growers price target lowered to $35 from $40 at Lake Street
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About Calavo Growers

Calavo Growers (NASDAQ:CVGW) markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. It offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, RIPE NOW!, Renaissance Food Group, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.

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