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Stock impact report

Calavo (CVGW) Reports Q2: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]

Vital Farms, Inc. (VITL) 
Company Research Source: Yahoo! Finance
Calavo beat analysts' revenue expectations by 11.2% last quarter, reporting revenues of $184.4 million, down 24.6% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' earnings estimates. Is Calavo a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Calavo's revenue to decline 31.3% year on year to $178.6 million, a further deceleration from the 24% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.43 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Calavo has missed Wall Street's revenue estimates six times over the last two years. Looking at Calavo's peers in the perishable food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Vital Show less Read more
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