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[ Thu, Jan 16th 2025 ]: Kiplinger

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[ Thu, Jan 16th 2025 ]: Forbes

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[ Thu, Jan 16th 2025 ]: Forbes

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[ Thu, Jan 16th 2025 ]: Reuters

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[ Thu, Jan 16th 2025 ]: Reuters

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[ Thu, Jan 16th 2025 ]: Kiplinger

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[ Thu, Jan 16th 2025 ]: timesnownews

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[ Thu, Jan 16th 2025 ]: MSN

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[ Thu, Jan 16th 2025 ]: Reuters

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[ Thu, Jan 16th 2025 ]: MSN

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[ Thu, Jan 16th 2025 ]: Forbes

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[ Thu, Jan 16th 2025 ]: Reuters

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Wed, January 15, 2025

[ Wed, Jan 15th 2025 ]: YourTango

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[ Wed, Jan 15th 2025 ]: Forbes

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[ Wed, Jan 15th 2025 ]: Investopedia

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[ Wed, Jan 15th 2025 ]: Newsroom

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[ Wed, Jan 15th 2025 ]: Forbes

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[ Wed, Jan 15th 2025 ]: NDTV

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[ Wed, Jan 15th 2025 ]: Kiplinger

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[ Wed, Jan 15th 2025 ]: Stockhouse

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[ Wed, Jan 15th 2025 ]: Euronews

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[ Wed, Jan 15th 2025 ]: bnnbloomberg

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[ Wed, Jan 15th 2025 ]: Forbes

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[ Wed, Jan 15th 2025 ]: Reuters

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[ Wed, Jan 15th 2025 ]: Reuters

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[ Wed, Jan 15th 2025 ]: MSN

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[ Wed, Jan 15th 2025 ]: MSN

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[ Wed, Jan 15th 2025 ]: timesnownews

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[ Wed, Jan 15th 2025 ]: MSN

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[ Tue, Jan 14th 2025 ]: Emirates247

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[ Tue, Jan 14th 2025 ]: MSN

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[ Tue, Jan 14th 2025 ]: Reuters

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[ Tue, Jan 14th 2025 ]: Kiplinger

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[ Tue, Jan 14th 2025 ]: Reuters

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[ Tue, Jan 14th 2025 ]: MSN

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[ Tue, Jan 14th 2025 ]: MSN

Americans lost out on $420B in bank loans because of the Federal Reserve, new research says

Calavo Growers' Q4 Earnings Miss Estimates, Sales Jump 20% Y/Y

Calavo Growers, Inc. CVGW reported fourth-quarter fiscal 2024 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line falling short of the same. Both metrics increased year over year.
Calavo Growers, Inc. reported its fiscal fourth-quarter earnings, which fell short of Wall Street's expectations. Despite the earnings miss, the company experienced a significant year-over-year sales increase of 20%, reaching $254.5 million, which was above the consensus estimate of $242.5 million. The growth was primarily driven by a 30% surge in avocado sales, although this was somewhat offset by a 15% decline in the prepared segment. The company's adjusted net income was $0.03 per share, missing the consensus estimate of $0.18 per share. Calavo also faced challenges from lower avocado margins due to increased fruit costs and a less favorable sales mix. Looking forward, the company anticipates avocado prices to remain high due to reduced supply from Mexico, but expects better margins in the prepared segment as it focuses on operational improvements and cost management.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/calavo-growers-q4-earnings-miss-estimates-sales-jump-20-y-y/ar-AA1xg7pL ]