Calavo Growers, Inc.'s (CVGW) CEO Jim Gibson on Q4 2020 Results - Earnings Call Transcript

Dec. 21, 2020 10:36 PM ETCalavo Growers, Inc. (CVGW) StockCVGW
SA Transcripts
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Q4: 2020-12-21 Earnings Summary

EPS of $0.34 misses by $0.30
 | Revenue of $234.43M (-19.76% Y/Y) misses by $21.64M

Calavo Growers, Inc. (NASDAQ:CVGW) Q4 2020 Earnings Conference Call December 21, 2020 4:30 PM ET

Company Participants

Lisa Mueller - Senior Vice President, Financial Profiles, Inc.
Jim Gibson - Chief Executive Officer
Kevin Manion - Chief Financial Officer

Conference Call Participants

Ben Bienvenu - Stephens
Rob Dickerson - Jefferies
Mark Smith - Lake Street Capital Markets
Mitch Pinheiro - Sturdivant and Co

Operator

Greetings, and welcome to Calavo Growers Incorporated Fourth Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the former presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Lisa Mueller. Thank you, Lisa. You may begin.

Lisa Mueller

Thank you, operator, and thank you all for joining us today to discuss Calavo Growers fourth quarter 2020 financial results. This afternoon, we issued our earnings release and this document is available in the Investor Relations section of our website at ir.calavo.com.

I am here today with Jim Gibson, Chief Executive Officer of Calavo; and Kevin Manion, Chief Financial Officer. On today's call, management will provide prepared remarks and then we will open up the call for your questions.

Before we begin, I would like to remind you that today's comments will include forward-looking statements under the Federal Securities Laws. Forward-looking statements are identified by words such as will, be, intend, believe, expect, anticipate or other comparable words and phrases.

Statements that are not historical facts, such as statements about our outlook for revenue and adjusted EBITDA are also forward-looking statements. Our actual financial condition and results of operations may vary materially from those contemplated by such forward-looking statements. Discussion of the factors that could cause our results to differ materially from these forward-looking statements are contained in our SEC

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