3 Winners and 2 Losers from This Week’s Earnings Storm
Calavo Growers Inc. (NASDAQ:CVGW) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased 33.33% to $0.24 in the quarter versus EPS of $0.18 in the year-earlier quarter. Revenue Rose 18.83% to $139.5 million from the year-earlier quarter.
Calavo Growers Inc. reported adjusted EPS income of $0.24 per share. By that measure, the company missed the mean analyst estimate of $0.26. It beat the average revenue estimate of $126.68 million.