Calavo Growers, Inc. (NASDAQ:CVGW) will release earnings results for the second quarter, after the closing bell on Monday, June 9.
Analysts expect the Santa Paula, California-based company to report quarterly earnings at 53 cents per share, up from 50 cents per share in the year-ago period. According to data from Benzinga Pro, Calavo Growers projects quarterly revenue at $192.75 million, compared to $184.38 million a year earlier.
On March 18, Calavo Growers announced a $25 million stock repurchase program.
With the recent buzz around Calavo Growers, some investors may be eyeing potential gains from the company’s dividends too. As of now, Calavo Growers offers an annual dividend yield of 2.89%, which is a quarterly dividend amount of 20 cents per share (80 cents a year).
So, how …