Calavo Growers (NASDAQ:CVGW) Stock

Calavo Growers

Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. The group markets and distribute avocados, prepared avocado products, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers across the world. The company distributes its products both domestically and internationally and reports its operations in two different business segments: Grown and Prepared. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment comprises all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa sold at retail and food service as well as avocado pulp sold to food service.

Calavo Growers Inc

Insiders have not really responded to the madness of the past few weeks.
There has not been a surge of buying to take advantage of the opportunities created by falling prices.
No Magnificent Seven executives or board members have decided that prices have fallen to the point they need to buy to take advantage of the massive long-term profit potential.
So far, we have not seen activists pounce on undervalued companies to try and force shareholder value down the throats of reluctant boards and management.
In spite of what we all suspect happened on the days surrounding the various tariff announcements, there are no signs of congressional skullduggery in any of the recent filings or disclosures by our duly elected, highly exalted representatives.
Of course, the filings are not due until 45 days after the transaction date, so we have some time for the worm to turn on this one.
The same holds true for members of the executive offices and the high-ranking unelected government officials.
I would like to suggest that all of this means that no one is panicking, and everyone is making intelligent decisions.
The truth is that from the swankiest corporate digs and gilded Wall Street palaces to the bank headquarters buildings consistently located between Chuck E. Cheese and Sunshine Dry Cleaners, confusion reigns.
No one on Capitol Hill, from the cushiest office down to the broom closets in the executive office buildings down the street that house the lowliest members, has a clue what might happen next.
It is extremely difficult to confidently step up and write a check for shares of your company when it is impossible to execute even the most basic plans.
It makes no sense to delay a sale or to raise cash if there is a reasonable chance that a random tweet or policy change can send prices down another 30% or more.
In times of great volatility, a lack of unusual activity is unusual.
At times like these, seemingly normal purchases stand out.
Calavo Growers (Ticker: CVGW) is a stock that would seem to be a poster child for tariff-related disaster.
Although the company is based in California, most of the avocado products it sells are grown in Mexico.
While the initial 25% tariff has been delayed, there is always a chance it comes back sometime later this year.
Calavo has been around since 1924, and I get the sense that this is just one more annoyance for an agricultural concern that has thrived in the face of everything from drought to negotiations with the cartels while nurturing and feeding Americans&#8217; love of all things avocado.
Creating a shortage or massive price increase for avocado toast and guacamole is probably not a good idea going into the mid-term elections, so they may be one of the lucky few that escape the surcharge.
CFO James Snyder and Executive VP Michael Browne certainly think the company will deal with any challenges, as they both stepped up and were buying shares as markets plunged last week.
In mid-March, with tariffs looming on the horizon, the board showed a great deal of confidence in the future of the company as well. It announced a new $25 million stock buyback plan.
Lee Cole, President and CEO of Calavo, told investors, &#8220;Together with our strong balance sheet, expected cash flow generation, and robust liquidity position, this repurchase program demonstrates our commitment to our shareholders while maintaining our flexibility to invest in strategic growth initiatives and operational improvements.&#8221;
MSC Industrial (Ticker: MSM) describes itself as a leading North American distributor of metalworking and maintenance, repair, and operations products and services.
For those of us without corporate-speak degrees, this company sells stuff made of metal, including everything from hand tools to HVAC parts and systems and almost everything in between.
MSC has 43 warehouses, 9 regional inventory centers, 5 distribution centers, and 5 manufacturing locations and sells more than 2 million different items.
Industrial distribution is a fragmented business, and MSM Industrial&#8217;s ability to handle such an enormous number of items gives it a huge competitive advantage.
Management is decidedly shareholder-friendly, as the stock yields 4.5% and management is actively buying back stock.
The company has some exposure to tariffs as a small percentage of the goods it sells come from Canada, China, and Mexico, but management does not expect it to be a significant challenge.
With all its distribution and manufacturing facilities within the United States, MSC Industrial probably has an additional edge over competitors with international facilities in the current environment.
The former CEO and current Director Mitchell Jacobson already owns almost 2 million shares of stock but last week decided he needed to increase that. He purchased another $11 million worth of stock as markets plunged.
These two insider buys stand out as purchases made by level-headed insiders looking for massive returns from buying into misplaced weakness in good companies.

Opinion

CVGW

Alpha Buying: Uncertainty Reigns but Select Insiders Are Buying the Dip

It was revealed in a recent SEC filing that Lecil E Cole, Chief Executive Officer at Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) made a noteworthy insider purchase on April 15,.
What Happened: Cole's recent move, as outlined in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001133470/000125085325000004//Archives/edgar/data/1133470/000125085325000004/0001250853-25-000004-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday, involves purchasing 21,070 shares of Calavo Growers. The total transaction value is $499,991.
Tracking the Wednesday's morning session, Calavo Growers shares are trading at $25.41, showing a up of 5.44%.
<h3>All You Need to Know About Calavo Growers</h3>
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. The group markets and distribute avocados, prepared avocado products, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers across the world. The company distributes its products both domestically and internationally and reports its operations in two different business segments: Grown and Prepared. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment comprises all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa sold at retail and food service as well as avocado pulp sold to food service.
<h3>Calavo Growers's Financial Performance</h3>
Revenue Growth: Calavo Growers's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2025, the company achieved a revenue growth rate of approximately 20.99%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Staples sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 10.19%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Calavo Growers's EPS is below the industry average. The company faced challenges with a current EPS of 0.25. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.12, Calavo Growers adopts a prudent financial strategy, indicating a balanced approach to debt management.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 30.9 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.63, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 15.18, Calavo Growers demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001133470">Check Out The Full List Of Calavo Growers's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

Eye On Growth: Lecil E Cole Adds $499K Of Calavo Growers Stock To Portfolio

A notable insider purchase on April 11, was reported by Michael A Browne, Executive Vice President at Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>), based on the most recent SEC filing.
What Happened: Browne demonstrated confidence in Calavo Growers by purchasing 5,000 shares, as reported in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001133470/000125085325000002//Archives/edgar/data/1133470/000125085325000002/0001250853-25-000002-index.htm">U.S. Securities and Exchange Commission</a> on Friday. The total value of the transaction is $115,600.
During Friday's morning session, Calavo Growers shares up by 1.8%, currently priced at $23.15.
<h3>Get to Know Calavo Growers Better</h3>
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. The group markets and distribute avocados, prepared avocado products, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers across the world. The company distributes its products both domestically and internationally and reports its operations in two different business segments: Grown and Prepared. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment comprises all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa sold at retail and food service as well as avocado pulp sold to food service.
<h3>Calavo Growers's Financial Performance</h3>
Revenue Growth: Calavo Growers's remarkable performance in 3 months is evident. As of 31 January, 2025, the company achieved an impressive revenue growth rate of 20.99%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 10.19%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Calavo Growers's EPS is below the industry average. The company faced challenges with a current EPS of 0.25. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Calavo Growers's debt-to-equity ratio is below the industry average. With a ratio of 0.12, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 29.15, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.59, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 14.28 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Relevance of Insider Transactions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001133470">Check Out The Full List Of Calavo Growers's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Smart Money Move: Michael A Browne Grabs $115K Worth Of Calavo Growers Stock

Consumers will likely get a reprieve from the Trump Administration&#8217;s tariffs at least until the <a href="https://www.benzinga.com/25/03/44149833/trump-delays-ford-gm-stellantis-from-from-tariffs-on-mexico-canada-for-one-month">first week of April</a>. Still, the scattershot tariffs, combined with weakening economic data, seem to have spooked investors.
We won&#8217;t know what happens next for a while, but Mexico <a href="https://www.benzinga.com/news/25/03/44092335/trumps-tariffs-threaten-canada-mexico-china-and-american-wallets">continues to be a target</a> of the Administration&#8217;s tariff policies.
We&#8217;re already starting to see the effects of this on imports like vehicle parts, electronics and apparel. But the even bigger hit may land on food and beverages. Berries, cucumbers, tomatoes, peppers, avocados and many more perishables are all imported to the U.S. from Mexico at high rates, especially during the off-season.
Tariffs and uncertainty are already impacting these imports, and more will likely follow. Companies that rely on these imports will struggle to pass on the added costs to their customers.
Let&#8217;s take a look at four food stocks you&#8217;d be wise to avoid.
<h2 class="wp-block-heading">Chipotle Mexican Grill Inc. </h2>
Let&#8217;s start with the obvious one. Chipotle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NASDAQ">CMG</a>), whose stock has taken hits from multiple directions over the last few months. For starters, fears of an economic slowdown have shifted how Americans eat, and restaurant sales are beginning to sag as more people choose to eat at home. And now, the promise of tariffs on Mexico threatens to drive up prices for the casual fast-dining chain, which sources many crucial products from Mexico, especially its famous guacamole.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcx4_iWwYRKwRtJVxI0R_h-7vkMzPD-2Y-jY-z-6qiVyqiMneTBS_-ddOVRCiLp-GgBiCtx3YyIrdf7o_NvrpVNzJ5sNHKP9Z7fXXIgKesqmb5sKm1NpMsAdsXbSrtB4-vWRfMAqA?key=t0qZDK9I7zAEqr3n0pxiRKSh" alt="" /></figure>
Chipotle could see severe price increases on its menu items, which source many ingredients like lettuce, tomatoes, avocados, fresh peppers and spices from Mexico. And while Chipotle's margins are strong compared to competitors like Wendy's or Domino's, gross margins have declined for three consecutive quarters. The stock's valuation is pretty lofty as well, with a 42.7 price-to-earnings (P/E) ratio, 2.36 PEG ratio, and a 5.7 Price-to-Sales (P/S) rate. CMG's latest earnings release disappointed investors as the company matched EPS estimates but missed on revenue. Benzinga Edge gives the stock only a 28.28 score for Momentum and 16.29 for Value.
<h2 class="wp-block-heading">Calavo Growers Inc. </h2>
One of the largest growers of avocados in the world, Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) would face significant pressure from Mexico tariffs. Calavo sells avocados, tomatoes and fresh papaya to grocery stores, food distributors, clubhouse wholesalers and food service industries. In a sector with already razor-thin margins, Calavo has limited ability to absorb price increases and also limited negotiating power with its clients, who also have thin margins, like grocery stores and wholesalers. 
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf4CgppD4UCDFy-OLP1UK6Zoo1pwE_kEWSlYIEg3Sv6Tta0rwJcu6l80DFSzEMuo-tN3SDPM9roeEuYMNB0kE2zPKrydnLW2ATcb-HzNxxcM0PhfwoOsrySF_8OBXww71svyGPF?key=t0qZDK9I7zAEqr3n0pxiRKSh" alt="" /></figure>
Calavo recently broke a string of 12 consecutive quarters with negative net margins. Still, its valuation remains elevated as the stock trades at 30 times earnings, two times book value and 19.5 times free cash flow. It also grades poorly in two crucial Benzinga Edge metrics: 22.73 in Momentum and 35.38 in Growth. In its most recent earnings release on March 12, the company beat on EPS estimates but missed on revenue. Analysis of CVGW is sparse, with only one firm updating its view so far in 2025. Lake Street analyst Ben Klieve has maintained the stock at Buy but lowered his price target to $35 from $40.
<h2 class="wp-block-heading">US Foods Holding Corp. </h2>
Another fresh food distributor with consistent revenue and earnings declines recently is US Foods Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>), which distributes perishable, non-perishable, and non-food products to restaurants, schools, hospitals, government offices and grocery stores. Customers can get fresh, frozen, or dry food delivered from 70 different locations. The firm lists over 250,000 establishments as clients. US Foods has better profit margins than Calavo, but it&#8217;s still in a very slender range. The company saw its net profit margin shrink in the most recent Q4 earnings release, which was the first margin decline in nearly two years.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfO8JwghAwbl-G6W1wyRtknHgo7u-cNJih9zo4EPIdm6fBkczpmpbeWxxNq9pKodml-sbbMQF7Fl_agiUQ2GPaEjVlbslLCuQWKVOOmJvPibajMxs3SCR75tSfk4kCD_9t1I0vj?key=t0qZDK9I7zAEqr3n0pxiRKSh" alt="" /></figure>
US Foods could suffer from tariffs and declining restaurant foot traffic in the coming months. USFD earnings have been evaporating for three straight quarters and its valuation has gotten stretched. The stock currently trades at 32.7 times earnings, and despite its margin growth, the company still lags behind competitors like Sysco and Mission Produce in turning revenue dollars into actual profit.
Benzinga Edge isn't too fond of the stock's short-term future either, with just a 29.24 Value score and 43.19 Growth score. Some analysts defended the stock in February with price target hikes despite a Q4 revenue. However, EPS and revenue projections for the Q1 report on May 8 are lower than in the three previous quarters.
<h2 class="wp-block-heading">Fresh Del Monte Produce Inc. </h2>
Don't let the enticing dividend fool you &#8211; Fresh Del Monte Produce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDP#NYSE">FDP</a>) could struggle in the coming months if tariffs take a bite out of the company's profits. Fresh Del Monte produces and distributes fresh fruit and vegetables, including pineapples, melons, avocados, bananas, non-tropical fruits and other prepared foods. However, alarm bells began to sound in February thanks to a disastrous Q4 earnings report, which saw the company miss EPS estimates by nearly 30% and revenue by almost 2%.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf8D0roez_0diA0WBOEcZ8vW9dUoFGyGLNFFNctpfV8pr38sF3lRyYTChq_-uhOzGiBSjLDwVAj8kxZMVZCxQfBV-JUvdQ85aJqF1RVk985RfG83XFgqnqKWfJnYLuLJb34NXJj?key=t0qZDK9I7zAEqr3n0pxiRKSh" alt="" /></figure>
Fresh Del Monte posted a 3.3% profit margin in the most recent quarter, which is stronger than food giants like Tyson Foods or Archer Daniels but still less attractive than smaller competitors like Cal-Maine Foods and Vital Farms. The stock trades at just 10 times forward earnings with a 0.34 Price-to-Sales (P/S) ratio, but Benzinga Edge has poor short-term views for FDP shares thanks to a 52.13 Quality score and a paltry 4.48 Growth score.
<h2 class="wp-block-heading">Volatility Trading Seminar: How to Find Profit Opportunities in Today's Unstable Market</h2>
Markets are swinging wildly—huge moves, massive opportunities and narrow windows to act. On Sunday, March 23, at 1 PM ET, 35-year Wall Street veteran Matt Maley will reveal his exact volatility trading playbook that he's used to identify profit opportunities, sometimes as high as 100%–450% in the past month. Learn how he's executing real, high-probability setups in today's market. <a href="https://events2.benzinga.com/matt-maley-webinar-sunday-mar23-2025-registration">Register</a> now and reserve your seat.
Photo: Shutterstock

Regulations

USFD

4 Food Stocks To Consider Dumping As Trump Tariffs On Mexico Loom

Buybacks

Calavo Growers, Inc. Announces $25M Stock Repurchase Program

Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.29 by 13.79 percent. This is a 3400 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $154.38 million which missed the analyst consensus estimate of $160.15 million by 3.60 percent. This is a 120.99M percent increase over sales of $127.61 the same period last year.

Earnings

Earnings Beats

Earnings Misses

Calavo Growers Q1 2025 Adj EPS $0.33 Beats $0.29 Estimate, Sales $154.38M Miss $160.15M Estimate

<h3>Companies Reporting Before The Bell</h3>
• EHang Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>) is projected to report quarterly loss at $0.07 per share on revenue of $23.36 million. 
• Hello Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $365.05 million. 
• Chicago Atlantic Real (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REFI#NASDAQ">REFI</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $14.19 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is expected to report earnings for its fourth quarter. 
• Upland Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPLD#NASDAQ">UPLD</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $67.84 million. 
• VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $284.88 million. 
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $107.94 million. 
• Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $200.59 million. 
• Arcos Dorados Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCO#NYSE">ARCO</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $1.15 billion. 
• Vivid Seats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAT#NASDAQ">SEAT</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $194.15 million. 
• OptimizeRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $30.36 million. 
• Navigator Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVGS#NYSE">NVGS</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $120.87 million. 
• ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) is projected to report quarterly earnings at $0.78 per share on revenue of $2.09 billion. 
• Smith Douglas Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $265.85 million. 
• Amarin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRN#NASDAQ">AMRN</a>) is expected to report quarterly loss at $0.03 per share on revenue of $32.37 million. 
• ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) is expected to report quarterly earnings at $3.49 per share on revenue of $2.02 billion. 
• Solo Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTC#NYSE">DTC</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $161.60 million. 
• National Energy Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NESR#NASDAQ">NESR</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $339.84 million. 
• iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) is expected to report quarterly loss at $1.73 per share on revenue of $171.00 million. 
• Ondas Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) is expected to report quarterly loss at $0.09 per share on revenue of $5.75 million. 
• BingEx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) is expected to report earnings for its fourth quarter. 
• InspireMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSPR#NASDAQ">NSPR</a>) is likely to report quarterly loss at $0.19 per share on revenue of $1.82 million. 
• United Homes Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UHG#NASDAQ">UHG</a>) is estimated to report earnings for its fourth quarter. 
• Harvard Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBIO#NASDAQ">HBIO</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $24.15 million. 
• MagnaChip Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MX#NYSE">MX</a>) is expected to report quarterly loss at $0.19 per share on revenue of $61.57 million. 
<h3>Companies Reporting After The Bell</h3>
• Vasta Platform (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTA#NASDAQ">VSTA</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $110.28 million. 
• KLX Energy Services Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLXE#NASDAQ">KLXE</a>) is expected to report quarterly loss at $0.80 per share on revenue of $168.90 million. 
• Algoma Steel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTL#NASDAQ">ASTL</a>) is expected to report earnings for its third quarter. 
• Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) is projected to report quarterly loss at $0.25 per share on revenue of $129.53 million. 
• Aris Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) is estimated to report earnings for its fourth quarter. 
• Legacy Housing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEGH#NASDAQ">LEGH</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $44.59 million. 
• Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) is expected to report quarterly loss at $0.19 per share on revenue of $36.66 million. 
• Montauk Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTK#NASDAQ">MNTK</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $56.32 million. 
• Ellington Credit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EARN#NYSE">EARN</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $9.65 million. 
• FreightCar America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAIL#NASDAQ">RAIL</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $152.02 million. 
• PHX Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHX#NYSE">PHX</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $8.93 million. 
• Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $1.64 billion. 
• SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $222.33 million. 
• ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) is likely to report earnings for its fourth quarter. 
• UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $425.34 million. 
• SenesTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNES#NASDAQ">SNES</a>) is estimated to report quarterly loss at $1.50 per share on revenue of $710 thousand. 
• RCM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCMT#NASDAQ">RCMT</a>) is expected to report quarterly earnings at $0.83 per share on revenue of $79.00 million. 
• Beauty Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKIN#NASDAQ">SKIN</a>) is projected to report quarterly loss at $0.09 per share on revenue of $77.45 million. 
• Fathom Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTHM#NASDAQ">FTHM</a>) is projected to report quarterly loss at $0.17 per share on revenue of $84.70 million. 
• Cardlytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDLX#NASDAQ">CDLX</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $63.63 million. 
• Biote (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTMD#NASDAQ">BTMD</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $51.20 million. 
• Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) is projected to report quarterly loss at $0.17 per share on revenue of $40.70 million. 
• Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) is expected to report quarterly earnings at $0.29 per share on revenue of $161.55 million. 
• KORU Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRMD#NASDAQ">KRMD</a>) is likely to report quarterly loss at $0.02 per share on revenue of $8.89 million. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $1.60 billion. 
• Berry Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRY#NASDAQ">BRY</a>) is expected to report quarterly earnings at $0.15 per share on revenue of $173.00 million. 
• Phreesia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) is projected to report quarterly loss at $0.19 per share on revenue of $108.91 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is projected to report quarterly earnings at $4.97 per share on revenue of $5.66 billion. 
• electroCore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECOR#NASDAQ">ECOR</a>) is expected to report quarterly loss at $0.34 per share on revenue of $7.29 million. 
• AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $9.73 million. 
• BGSF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGSF#NYSE">BGSF</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $67.65 million. 
• CI&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) is projected to report earnings for its fourth quarter. 
• Companhia Siderurgica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SID#NYSE">SID</a>) is projected to report quarterly loss at $0.09 per share on revenue of $1.94 billion. 
• Performant Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHLT#NASDAQ">PHLT</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $34.15 million. 
• Urgently (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULY#NASDAQ">ULY</a>) is expected to report earnings for its fourth quarter. 
• Assertio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASRT#NASDAQ">ASRT</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $28.67 million. 
• Quest Resource Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRHC#NASDAQ">QRHC</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $73.63 million. 
• CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) is estimated to report earnings for its fourth quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is expected to report earnings for its third quarter. 
• Zedge (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#AMEX">ZDGE</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $7.71 million. 
• NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) is expected to report quarterly loss at $0.14 per share on revenue of $1.73 million. 
• Monogram Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRM#NASDAQ">MGRM</a>) is estimated to report earnings for its fourth quarter. 
• Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) is likely to report earnings for its fourth quarter. 
• Anika Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIK#NASDAQ">ANIK</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $29.00 million. 
• Aris Mining (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ARMN#AMEX">ARMN</a>) is likely to report earnings for its fourth quarter. 
• Brilliant Earth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRLT#NASDAQ">BRLT</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $116.82 million. 
• Tilly's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLYS#NYSE">TLYS</a>) is expected to report quarterly loss at $0.29 per share on revenue of $159.90 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADBE

AEYE

AMRN

ANIK

ARCO

ARIS

ARMN

ASRT

ASTL

BGSF

BRLT

BTMD

CDLX

CINT

CMTL

CPSH

EARN

ECOR

FOSL

FTHM

HBIO

IRBT

KEQU

KLXE

KRMD

LEGH

LMNR

LOGC

MGRM

MNTK

MOMO

NESR

NKTR

NSPR

NVGS

ONDS

OPRX

PATH

PHLT

QRHC

RAIL

RCMT

REFI

SDHC

SEAT

SKIN

SNES

TLYS

UPLD

VNET

VSTA

ZDGE

Earnings Scheduled For March 12, 2025

President Donald Trump's announced tariffs on Canada, Mexico and China could impact many sectors and see retailers and companies raising prices on consumers to offset<a href="https://www.benzinga.com/markets/25/02/43423288/trumps-tariffs-are-here-heres-what-will-get-more-expensive-from-canada-china-and-mexico"> the higher prices.</a>
Here's a look at the sectors and stocks that could be hurt the most by Trump's tariffs and retaliatory efforts by the three countries back on the U.S.
What Happened: Trump <a href="https://www.benzinga.com/government/regulations/25/02/43427091/as-trump-imposes-tariffs-on-americas-3-largest-trading-partners-this-macro-strategist-call">announced 25% tariffs </a>on imports from Canada and Mexico along with a 10% tariffs on items imported from China. Trump and Mexican President Claudia Sheinbaum announced Monday the U.S. tariffs on Mexico have been paused for one month. 
Canada fought back with retaliatory measures on U.S. imports.
Trump said he spoke with Canadian Prime Minister Justin Trudeau and plans to speak to the leader again at 3 p.m. ET Monday.
The tariffs were met with anger in Canada where sports fans booed the playing of &#8220;The Star-Spangled Banner,&#8221; the U.S. national anthem, at NBA and NHL sporting events over the weekend, as reported by <a href="https://deadline.com/2025/02/u-s-national-anthem-booed-nhl-nba-games-canada-tariffs-1236276207/">Deadline</a>.
NBA and NHL games involving teams from both countries typically play national anthems ahead of games.
Goods and Sectors Impacted: Here's a look at the top imports from Canada, Mexico and China that will be impacted if the tariffs stick.
Beer and Spirits: One of the companies that <a href="https://www.benzinga.com/news/global/24/11/42220682/trump-tariffs-on-mexico-could-affect-beer-why-your-modelo-corona-could-cost-more-next-year">could be hit hardest</a> by the tariff news is Constellation Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>), an alcohol company that holds the exclusive U.S. license for several of the top imported beer brands in America. Constellation imports brands like Modelo, Corona and Pacifico from Mexico, where they are brewed by Grupo Modelo, which is a unit of Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>).
Modelo is the top imported beer in the U.S., with Corona ranking second. Heineken and Dos Equis XX, which are imported by Heineken USA, a unit of Heineken NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HEINY#OTC">HEINY</a>), ranked third and fourth on the list of top imported beers. Dos Equis is manufactured in Mexico and imported to the U.S.
Constellation stock is down around 40% since it was flagged as a company to see pressure from tariffs back in November.
The U.S. is also a large importer of tequila, a sector that could be hit hard by tariffs on Mexico.
Read Also: <a href="https://www.benzinga.com/trading-ideas/24/12/42536470/costco-warns-that-tariffs-raise-prices-trump-team-says-trade-policies-will-make-life-affordable">Costco Warns That Tariffs Raise Prices, Trump Team Says Trade Policies Will &#8216;Make Life Affordable&#8217;</a>
Automotive: Several automotive companies like Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Honda Motor Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) <a href="https://www.benzinga.com/government/regulations/24/12/42688941/are-us-vehicles-under-30000-a-thing-of-the-past-trumps-mexico-tariff-plans-could-change-auto-market">have sub-$30,000 vehicles</a> that are partially or fully built in Mexico and Canada. Tariffs on these countries could quickly make these sub-$30,000 vehicles cost more for consumers and eliminate options in the popular starting price point.
Avocados: American imports over 80% of its avocados from Mexico, which could lead to higher prices ahead of Super Bowl Sunday on Feb. 9, as <a href="https://nypost.com/2025/02/02/us-news/whats-going-to-get-hit-by-trumps-tariffs-avocados-modelo-and-iphones/">reported </a>by the New York Post. Stocks that could be impacted by higher avocado costs are Mission Produce Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>), Calavo Growers, Inc. (NASDDAQ: CVGW) and Limoneira Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>).
Fruits and Vegetables: Canada is the largest supplier of cherry tomatoes for the U.S., which could see higher produce costs for consumers and restaurants.
Smartphones: China is one of the largest exporters of smartphones to the U.S., accounting for an estimated 87% of production according to the report. The iPhone from Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has 95% of production assembled in China as of 2023.
Toys: The Toy Association industry group estimates that 75% of all imported toys come from China, making the sector one area that could be significantly hit by higher tariffs. Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) and Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) are two stocks that could see pressure with the tariffs impacting one of their key sectors. &nbsp;
Clothing: Imported clothes from e-commerce companies including Shein and PDD Holdings &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) brand Temu will see higher prices with the tariff on China. Canadian clothing companies Aritzia and Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) will also be impacted by the tariff news. 
The footwear portion of the clothing sector could see the biggest impact with the Footwear Distributors &amp; Retailers of America estimating that 99% of shoes sold in the U.S. are imported. Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) could be among the companies hit hardest by the tariff news.
Construction: The American Iron and Steel Institute estimates that 25% of American steel comes from Canada and 12% comes from Mexico, which means steel prices could go up. Canadian lumber is also a large export to the U.S., which makes up around 30% of all lumber the country uses. Other construction items like drywall, lime and gypsum come from Mexico, which will put more pressure on homebuilders. The tariffs could lead to home prices going up and putting further pressure on the sector.
Oil: The U.S. is a large importer<a href="https://www.benzinga.com/news/global/24/12/42300450/trump-told-trudeau-canada-could-avoid-tariffs-by-becoming-51st-state-a-look-at-sectors-trade-war-could-impact"> of Canadian oil.</a> While oil will only see a 10% tariff compared to the 25% on other Canadian goods, the sector could likely see a large impact. Companies like Suncor Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>), Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), Canadian Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) and TC Pipelines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>)&nbsp;could face significant impacts from the tariffs and a potential blow to the sector.
Transportation: Railway company Canadian Pacific Kansas City Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) and trucking companies Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) and Knight-Swift Transportation Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) could be impacted by the tariffs and negative impact on trade between the United States and Canada.
Retailers: Dollar stores and discount retailers like Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) could be<a href="https://www.benzinga.com/news/global/24/12/42402629/trump-to-change-dollar-stores-for-good-dollar-tree-exec-says-prepared-to-act"> impacted by the tariffs.</a> Executives warned of the potential impact in late 2024 with the goal of offsetting the higher prices with new product sizes and negotiating lower costs with suppliers. The company also said it would consider stopping the sale of several items due to the planned tariffs.
Price Actions on Monday at publication: The iShares MSCI Canada Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) is down 1.46% to $40.62.
The iShares MSCI Mexico ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWW#NYSE">EWW</a>) is up 2.12% to $50.02.
The iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) is down 0.29% to $48.27.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43430259/miners-plead-for-collaboration-as-trade-wars-threaten-critical-mineral-supply-chains">Miners Plead For Collaboration As Trade Wars Threaten Critical Mineral Supply Chains</a></li>
</ul>
Photo: Visuals6x via Shutterstock

Politics

Global

Movers

ETFs

AAPL

DLTR

HEINY

LULU

MCHI

ODFL

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Why Beer, Tequila, Avocados, Cars, iPhone Prices Could Rise: Trump's Tariffs On Canada, Mexico, China To Hurt Several Sectors

<a href="https://www.globenewswire.com/Tracker?data=LSkMqgIwOa7eGQPtr4-IpBBzcfNKk3_3t2BoHG3k99RcDoWeC3JBzUjwNMLYz58T7HaDS2kYzvADug4L1HSXJLX6rjXt5j2ZNSOFVgQ4SPo=">Calavo Growers, Inc.</a> (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that its Board of Directors has elected Farha Aslam as its Chair effective immediately.

Management

Calavo Growers Board Of Directors Has Elected Farha Aslam As Its Chair, Effective Immediately

Lake Street analyst Ben Klieve maintains Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) with a Buy and lowers the price target from $40 to $35.

Price Target

Analyst Ratings

Lake Street Maintains Buy on Calavo Growers, Lowers Price Target to $35

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
Shares of Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) fell sharply in today's pre-market trading following <a href="https://www.benzinga.com/news/earnings/25/01/42990272/applied-digital-q2-earnings-revenue-beat-eps-beat-cloud-services-growth-late-stage-discussions-with-multiple-hyperscalers-and-more">second-quarter results.</a>
The company reported second-quarter revenue of $63.9 million, beating analyst estimates of $63.4 million. The company reported a second-quarter adjusted loss of six cents per share, beating analyst estimates for a loss of 15 cents per share, according to Benzinga Pro.
Applied Digital shares tumbled 5.2% to $8.10 in pre-market trading
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Oruka Therapeutics, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKA#NASDAQ">ORKA</a>) fell 27.8% to $10.00 in pre-market trading.</li>
<li>MBX Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBX#NASDAQ">MBX</a>) shares dipped 23.2% to $9.25 in pre-market trading.</li>
<li>Greenfire Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFR#NYSE">GFR</a>) fell 8.3% to $6.60 in pre-market trading.</li>
<li>Vericel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCEL#NASDAQ">VCEL</a>) dipped 6.3% to $54.96 in pre-market trading after the company issued preliminary FY24 net revenue below estimates.</li>
<li>Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) fell 4.7% to $23.02 in pre-market trading after the company reported fourth-quarter results.</li>
<li>Alvotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALVO#NASDAQ">ALVO</a>) fell 4.5% to $12.71 in pre-market trading.</li>
<li>Turtle Beach Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBCH#NASDAQ">TBCH</a>) fell 4% to $16.40 in pre-market trading.</li>
<li>Ardent Health Partners, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARDT#NYSE">ARDT</a>) fell 3.9% to $13.50 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/42992639/how-to-earn-500-a-month-from-state-street-stock-ahead-of-q4-earnings">How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings</a></li>
</ul>

Pre-Market Outlook

Markets

ALVO

APLD

ARDT

ORKA

TBCH

VCEL

Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

WIIM

Calavo Growers shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

Shares of Vision Marine Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>) rose sharply in today's pre-market trading after the company announced it filed its latest patent application with the United States Patent and Trademark Office for a Battery <a href="https://www.benzinga.com/quote/VMAR/news">Authentication Encryption Technology</a>.
Vision Marine Technologies shares jumped 67.8% to $2.35 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Helius Medical Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) gained 76.1% to $1.24 in pre-market trading.</li>
<li>Safe &amp; Green Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) gained 51.8% to $0.8202 in pre-market trading. Safe &amp; Green Holdings, on Tuesday, announced a LOI for transformative acquisition of Olenox and Machfu.com.</li>
<li>Safe and Green Development Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGD#NASDAQ">SGD</a>) rose 24.1% to $2.99 in pre-market trading following a 7% gain on Tuesday.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 19.3% to $8.86 in pre-market trading after gaining 14% on Tuesday.</li>
<li>VerifyMe, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRME#NASDAQ">VRME</a>) rose 17.5% to $3.76 in pre-market trading. VerifyMe recently announced it entered a warrant inducement transaction for $4.7 million in proceeds.</li>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) gained 16.7% to $5.52 in pre-market trading after surging 23% on Tuesday.</li>
<li>908 Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASS#NASDAQ">MASS</a>) gained 15.1% to $2.28 in pre-market trading after the company reported preliminary fourth-quarter revenues above estimates.</li>
<li>Myers Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYE#NYSE">MYE</a>) rose 9.9% to $12.31 in pre-market trading.</li>
<li>Lifeward Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFWD#NASDAQ">LFWD</a>) gained 9.6% to $1.60 in pre-market trading after declining 6% on Tuesday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Crown Electrokinetics Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRKN#NASDAQ">CRKN</a>) shares fell 30% to $0.0620 in pre-market trading. Crown Electrokinetics filed for mixed shelf offering for up to $500 million.</li>
<li>Azitra, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZTR#NYSE">AZTR</a>) fell 29.1% to $0.2990 in today's pre-market trading after announcing a proposed public offering of common stock.</li>
<li>Oruka Therapeutics, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKA#NASDAQ">ORKA</a>) fell 27.8% to $10.00 in pre-market trading.</li>
<li>Algorhythm Holdings, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) dipped 23.5% to $0.0597 in pre-market trading following a 22% decline on Tuesday.</li>
<li>MBX Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBX#NASDAQ">MBX</a>) shares dipped 23.2% to $9.25 in pre-market trading.</li>
<li>GlucoTrack, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCTK#NASDAQ">GCTK</a>) declined 22.5% to $0.0945 in pre-market trading after dipping 18% on Tuesday.</li>
<li>Global Lights Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLAC#NASDAQ">GLAC</a>) fell 20.3% to $8.51 in pre-market trading.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) shares fell 17.3% to $0.7860 in pre-market trading after dipping 68% on Tuesday.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares tumbled 5.2% to $8.10 in pre-market trading following second-quarter results.</li>
<li>Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) fell 4.7% to $23.02 in pre-market trading after the company reported fourth-quarter results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/42992639/how-to-earn-500-a-month-from-state-street-stock-ahead-of-q4-earnings">How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings</a></li>
</ul>

AZTR

CRKN

GCTK

GLAC

HSDT

LFWD

MASS

QBTS

QUBT

RIME

SGBX

VMAR

VRME

Why Vision Marine Technologies Shares Are Trading Higher By 68%; Here Are 20 Stocks Moving Premarket

Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) released its Q4 earnings on Tuesday, January 14, 2025 at 04:44 PM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Calavo Growers missed estimated earnings by -83.0%, reporting an EPS of $0.05 versus an estimate of $0.3.
Revenue was down $71.22 million from the same period last year.
<h3>Analysis of Past Earnings</h3>
In the previous quarter, the company beat on EPS by $0.14, resulting in a 11.0% increase change in the share price the following day.
Here's a look at Calavo Growers's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.43</td>
<td>0.38</td>
<td>0.17</td>
<td>0.19</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.57</td>
<td>0.50</td>
<td>-0.01</td>
<td>-0.33</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>178.54M</td>
<td>155.89M</td>
<td>252.67M</td>
<td>263.40M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>179.60M</td>
<td>184.38M</td>
<td>127.61M</td>
<td>241.18M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Calavo Growers <a href="https://www.benzinga.com/quote/CVGW/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Calavo Growers Q4

"Supported by a focus on cost discipline and efficiencies in SG&amp;A expenses, these factors position us for a strong year of revenue growth, profitability, and enhanced shareholder returns in 2025," company said.

Guidance

Calavo Growers Says Entering FY25 With Strong Momentum; Expects Double-Digit Growth Anticipated In Avocado And Guacamole Sales Volumes, As Well As Overall Revenue

Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.30 by 83.33 percent. The company reported quarterly sales of $169.96 million which beat the analyst consensus estimate of $161.93 million by 4.96 percent.

Calavo Growers Q4 2024 Adj EPS $0.05 Misses $0.30 Estimate, Sales $169.96M Beat $161.93M Estimate

U.S. stock futures advanced on Tuesday following Monday&#8217;s mixed close. Futures of all four major indices rose in premarket trade. Technology stocks dragged the Nasdaq down on Monday, whereas Dow Jones which has the least number of tech constituents rose in trade.
Members of President-elect Donald Trump&#8216;s incoming economic team are considering a gradual increase in tariffs over several months, <a href="https://www.bloomberg.com/news/articles/2025-01-13/trump-team-studies-gradual-tariff-hikes-under-emergency-powers">reported </a>Bloomberg. This approach is designed to enhance negotiating leverage while minimizing the risk of a sudden rise in inflation.
Traders now await the consumer price inflation data this week on Wednesday, which will further clear the case for the Fed to pause the rate cuts.
The 10-year and two-year Treasury notes yielded 4.77% and 4.38%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025 decision was at 97.3%, according to CME Group&#8217;s FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.71%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.54%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.38%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.67%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.54% to $584.53&nbsp;and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.73% to $509.23, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Wall Street experienced mixed trading on Monday. The Dow Jones comprised of 30 major companies, saw a substantial increase, driven by a shift of investment towards sectors outside of technology. In contrast, the Nasdaq, heavily weighted towards technology companies, experienced a slight dip. The broader S&amp;P 500 index saw a modest increase.
This market activity follows a period of two weeks of declining stock prices, primarily attributed to a sell-off in technology stocks. However, the Russell 2000 index, which tracks smaller-company stocks, showed a slight increase.
While technology stocks faced headwinds, the energy sector outperformed the market, fueled by rising oil prices. The healthcare and materials sectors also witnessed gains.
Dow rose 358.67 points, or 0.86%, to close at 42,297.12. Nasdaq dropped 0.38% to 19,088.10. The S&amp;P 500 inched up 0.16%, ending at 5,836.22. Russell 2000, on the other hand, rose 0.24% to 2,194.50 points.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.38%</td>
<td>19,088.10</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.16%</td>
<td>5,836.22</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.86%</td>
<td>42,297.12</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.24%</td>
<td>2,194.50</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
Despite Monday&#8217;s fall in technology stocks, Jeremy Siegel, the senior economist to WisdomTree said that growth stocks, particularly in the tech sector, remain dominant. &#8220;The AI-driven investment narrative continues to support these high-growth names, with no signs yet of a definitive shift toward value,&#8221; he added.
He described the markets as &#8220;overly optimistic&#8221; as the S&amp;P 500, trades at 23x forward earnings. According to Siegel, the consensus earnings growth of 16% for 2025 is likely too high and an 8–9% increase is more realistic. &#8220;Consequently, the market could see a correction as valuations adjust to higher rates and moderated growth expectations,&#8221; he said.
Analysts at BlackRock, on the other hand, said that they were &#8220;pro-risk&#8221; and overweight in U.S. stocks. However, they highlighted three areas that could change their view, which includes how U.S. tariffs and fiscal policy shape up.
They are also looking out for &#8220;corporate earnings and lofty tech valuations amid the artificial intelligence buildout&#8221; to see if this will sour the investor risk appetite. And lastly, the analysts said, &#8220;We look for elevated vulnerabilities, like surging bond yields as markets price out rate cuts and corporate debt refinancing at higher interest rates.&#8221;
CNBC&#8217;s Jim Cramer has offered <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42967410/jim-cramer-says-one-two-punch-from-government-and-meta-ceo-mark-zuckerberg-led-to-nasdaqs-monday-decline-may-have-been-too-much-for-everyone">insights </a>into the recent struggles of the Nasdaq Composite, which failed to rally despite gains in other major indices. Cramer attributed the Nasdaq's decline to a "one-two punch" from the U.S. government. Over the weekend, the Biden administration introduced new restrictions on semiconductor exports, which Cramer criticized as "short-sighted," on Monday. 
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
<ul>
<li>NFIB optimism index for December will be released at 6:00 a.m., ET.</li>
</ul>
<ul>
<li>December&#8217;s headline and core producer price index data will be announced at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Kansas City Fed President Jeffrey Schmid will be speaking at 10:00 a.m. ET.</li>
</ul>
<ul>
<li>Fed will release its Beige Book at 2:00 p.m., ET.</li>
</ul>
<ul>
<li>New York Fed President Williams will deliver his opening remarks on the policy at 3:05 p.m., ET.</li>
</ul>
<ul>
<li>On Wednesday, the headline and core consumer price index for December and the Empire State manufacturing survey data for January will be announced at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Richmond Fed President Barkin will speak at 9:00 a.m., ET.</li>
</ul>
<ul>
<li>New York Fed President Williams will speak at 11:00 a.m., ET.</li>
</ul>
<ul>
<li>Chicago Fed President Goolsbee will speak at 12:00 p.m., ET.</li>
</ul>
<ul>
<li>On Thursday, initial jobless claims till Jan. 11 will be released at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>December&#8217;s U.S. retail sales, import price index and Philadelphia Fed manufacturing survey will be announced at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Business inventories data for November and Home builder confidence index for January will be released at 10:00 a.m., ET.</li>
</ul>
<ul>
<li>On Friday, housing starts and building permits data for December will be released at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>The industrial production and capacity utilization for December will be announced at 9:15 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Calavo Growers Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) was 3.56% up in premarket as analysts expect it to report quarterly earnings at 30 cents per share on revenue of $161.93 million after the closing bell.</li>
</ul>
<ul>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) was up 8.82% after it posted better-than-expected fourth-quarter revenue of $2 billion, beating analyst estimates of $1.99 billion.</li>
</ul>
<ul>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) was down 19.07% after it reported worse-than-expected financial results for the second quarter on Monday</li>
</ul>
<ul>
<li>Applied Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) was up 5.34% as analysts expect it to post a quarterly loss at 15 cents per share on revenue of $63.4 million after the closing bell.</li>
</ul>
<ul>
<li>Nature&#8217;s Miracle Holding Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) was up 100% as it entered into a Securities Purchase Agreement with a single institutional investor to sell up to $29.7 million in the aggregate of a newly designated class of convertible preferred stock.</li>
</ul>
<ul>
<li>P3 Health Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIII#NASDAQ">PIII</a>) was up 33.04% after the news that it will participate in the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco, California later today.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.72% to hover around $76.74 per barrel.
The gold spot index was down by 0.02% to $2,678.14 per ounce. The Dollar Index was down 0.34% at 109.587 level.
Asian markets closed higher on Tuesday as Hong Kong&#8217;s Hang Seng, India&#8217;s S&amp;P BSE Sensex, China&#8217;s CSI 300, Australia&#8217;s ASX 200, and South Korea&#8217;s Kospi index advanced. However, Japan&#8217;s Nikkei 225 index fell. European markets were also trading higher.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/01/42967576/meta-investors-push-mark-zuckerberg-to-replace-72b-cash-with-bitcoin-to-combat-inflation-heres-what-it-means-for-investors">Meta Investors Push Mark Zuckerberg To Replace $72B Cash With Bitcoin To Combat Inflation: Here&#8217;s What It Means For Investors </a></li>
</ul>
Image Via Shutterstock

Analyst Color

Equities

Market Summary

Broad U.S. Equity ETFs

General

AEHR

NMHI

PIII

US Stocks Poised To Gain A Day After Tech Stocks Dragged Nasdaq Down: Analyst Calls Markets 'Overly Optimistic' As S&P 500 Trades At 23x Forward Earnings

The CNN Money Fear and Greed index showed some improvement in overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Monday.
U.S. stocks settled mixed on Monday, with the Dow Jones index surging more than 350 points during the session. However, the Nasdaq settled lower amid a decline in tech stocks.
Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares fell 3.4%, while Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) declined around 2% on Monday.
On the economic data front, U.S. consumer inflation expectations for the year ahead came in unchanged at 3% in December, the same as in the previous month.
Most sectors on the S&amp;P 500 closed on a positive note, with energy, materials and healthcare stocks recording gains on Monday. However, utilities and information technology stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 359 points to 42,297.12 on Monday. The S&amp;P 500 rose 0.16% to 5,836.22, while the Nasdaq Composite fell 0.38% at 19,088.10 during Monday's session.
Investors are awaiting earnings results from Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>), Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) and Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) today.
Big banks including Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) and Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) will release earnings this week.
At a current reading of 26.7, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 26.4.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/42965686/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-january">Top 2 Industrials Stocks That May Fall Off A Cliff In January</a></li>
</ul>
Photo via Shutterstock.

KARO

NVDA

PLTR

Dow Surges Over 350 Points, Nasdaq Falls: Investor Sentiment Improves Slightly, But Greed Index Remains In 'Fear' Zone

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) to report quarterly earnings at 30 cents per share on revenue of $161.93 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Calavo Growers shares gained 1% to close at $23.57 on Monday.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) posted better-than-expected fourth-quarter financial results. KB Home reported fourth-quarter revenue of $2 billion, beating analyst estimates of $1.99 billion. The U.S. homebuilder reported fourth-quarter earnings of $2.52 per share, beating analyst estimates of $2.39 per share, according to Benzinga Pro. KB Home shares gained 8.8% to $69.71 in the pre-market trading session.</li>
<li>Analysts are expecting Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) to post quarterly earnings at 38 cents per share on revenue of $64.95 million. The company will release earnings after the markets close. Karooooo shares fell 0.9% to close at $47.79 on Monday.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) reported worse-than-expected financial results for the second quarter on Monday. Aehr Test Systems shares dipped 21.8% to $12.50 in the pre-market trading session.</li>
<li>Analysts expect Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) to post a quarterly loss at 15 cents per share on revenue of $63.4 million after the closing bell. Applied Digital shares fell 6.3% to close at $7.77 on Monday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/42965686/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-january">Top 2 Industrials Stocks That May Fall Off A Cliff In January</a></li>
</ul>

KB Home, Calavo Growers And 3 Stocks To Watch Heading Into Tuesday

<h3>Companies Reporting Before The Bell</h3>
<h3>Companies Reporting After The Bell</h3>
• Park Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKE#NYSE">PKE</a>) is projected to report earnings for its third quarter. 
• Valens Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLN#NYSE">VLN</a>) is projected to report earnings for its third quarter. 
• Jewett-Cameron Trading (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCTC#NASDAQ">JCTC</a>) is projected to report earnings for its first quarter. 
• Karooooo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $67.26 million. 
• Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) is expected to report earnings for its third quarter. 
• Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $161.93 million. 
• Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) is expected to report quarterly loss at $0.12 per share on revenue of $62.62 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

JCTC

RMCF

Earnings Scheduled For January 14, 2025

Press Releases

Calavo Growers, Inc. Announces CFO Change in Leadership

J & J SNACK FOODS APPOINTS SHAWN MUNSELL AS CHIEF FINANCIAL OFFICER

Calavo Growers Announces Release Date for Fourth Quarter and Full-Year 2024 Financial Results

Dividends

Calavo Growers Declares Quarterly Dividend

Calavo Growers, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Calavo Growers, Inc. Board of Directors Elects New Chair

Calavo Growers to Report First Quarter 2025 Financial Results

Calavo Growers, Inc. Announces First Quarter 2025 Financial Results

Calavo Growers, Inc. Announces $25 Million Stock Repurchase Program

Calavo Growers, Inc. to Provide General Business Update at 2025 Annual Meeting of Shareholders

Comments

Calavo Growers

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL