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Calavo Growers Fiscal Q3 Adjusted Earnings, Revenue Increase -- Shares Surge After Hours
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Calavo Growers Fiscal Q3 Adjusted Earnings, Revenue Increase -- Shares Surge After Hours
Sep 10, 2024 12:14 PM

05:09 PM EDT, 09/09/2024 (MT Newswires) -- Calavo Growers ( CVGW ) reported fiscal Q3 adjusted earnings late Monday of $0.57 per diluted share, up from $0.43 a year earlier.

Three analysts polled by Capital IQ expected $0.43.

Net revenue for the quarter that ended July 31 was $179.6 million, up from $160.9 million a year earlier.

Analysts surveyed by Capital IQ expected $178.6 million.

Shares traded over 8% higher in after-hours activity.

Price: 26.00, Change: +2.00, Percent Change: +8.33

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