Calavo Growers (NASDAQ:CVGW) reported its Q4 earnings results on Monday, December 20, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Calavo Growers beat estimated earnings by 27.27%, reporting an EPS of $-0.08 versus an estimate of $-0.11, which surprised analysts.
Revenue was up $38,994,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.22, which was followed by a 17.05% drop in the share price the next day.
Here's a look at Calavo Growers's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.44 | 0.20 | 0.64 |
| EPS Actual | -0.17 | 0.43 | 0.17 | 0.34 |
| Revenue Estimate | 281.67M | 267.07M | 221.62M | 256.07M |
| Revenue Actual | 285.01M | 276.82M | 220.58M | 234.43M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
