Calavo Growers Inc expected to post a loss of 11 cents a share - Earnings Preview

Calavo Growers

17/12/2021 21:34

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show a
rise in quarterly revenue when it reports  results on December
20. 
* The Santa Paula California-based  company is expected to
report  a 12.3% increase in revenue to $263.379 million from
$234.43 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Calavo Growers Inc is
for a loss of 11 cents per share. For the same quarter last
year, the company reported earnings of 34 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Calavo Growers
Inc is $56​, about 26.8% above​ its last closing price
of $40.97. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jul. 31 2021  -0.18       -0.05      -0.17     Missed  -254.2
 Apr. 30 2021  0.44        0.45       0.43      Missed  -3.4
 Jan. 31 2021  0.20        0.20       0.17      Missed  -16.2​
 Oct. 31 2020  0.61        0.64       0.34      Missed  -46.9
 ​​Jul.        0.69        0.72       0.73      Beat    1.7
 31 2020                                                
 Apr. 30 2020  0.45        0.48       0.40      Missed  -16.7​
 Jan. 31 2020  0.54        0.54       0.07      Missed  -87
 Oct. 31 2019  0.43        0.44       0.45      Beat    1.7
 This summary was machine generated December 17 at 21:34 GMT. 
All figures in US dollars  unless otherwise stated