Fresh produce company Calavo Growers (NASDAQ:CVGW) reported a 26.6% decline in revenue to $124.7 million in Q3 CY2025, missing analyst estimates by 15.7%. Non-GAAP profit per share was 32.4% below expectations. The company’s market capitalization is $396.3 million, and Mission Produce announced plans to acquire Calavo for $483 million. Calavo’s revenue has dropped by 18.3% annually over the past three years, but analysts expect a 14.7% growth in the next 12 months. The company’s stock surged by 13.4% following the earnings report, but long-term fundamentals and valuation are crucial factors in deciding whether to buy Calavo.

Read more at Barchart: Calavo (NASDAQ:CVGW) Misses Q3 CY2025 Revenue Estimates, But Stock Soars 13.4%