Calavo Growers Q2 EPS $(0.01) Misses $0.18 Estimate, Sales $244.70M Miss $265.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Calavo Growers reported Q2 losses of $(0.01) per share, missing the analyst consensus estimate of $0.18 by 105.56%. Sales were $244.70M, missing the $265.20M estimate and down 26.17% from the same period last year.
June 06, 2023 | 8:09 pm
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NEGATIVE IMPACT
Calavo Growers missed Q2 earnings and sales estimates, with a 105.56% miss on EPS and a 7.73% miss on sales compared to analyst expectations.
Calavo Growers reported a significant miss on both earnings and sales estimates for Q2. The company's EPS missed by 105.56% and sales missed by 7.73%. This negative news is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100