Calavo Growers Inc expected to post a loss of 5 cents a share - Earnings Preview

Calavo Growers

06/09/2021 21:15

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show a
rise in quarterly revenue when it reports results on September
8. 
* The Santa Paula, California-based company is expected to
report   a 4.2% increase in revenue to $281.673 million from
$270.43 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 5 cents per share. For the same quarter last year,
the company reported earnings of 73 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 $64.5​, about 27.9% above​ its last closing price
of $46.51. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.69        0.72       0.73      Beat    1.7
 Apr.          0.45​       0.48       0.40      Missed  -16.7​
 30​ 2020​                                              
 Jan. 31 2020  0.54        0.54       0.07      Missed  -87​
 Oct. 31 2019  0.43        0.44       0.45      Beat    1.7
 Jul. 31 2019  0.94        0.91       0.91      Met     0.6
 This summary was machine generated September 6 at 20:15 GMT. 
All figures in US dollars unless otherwise stated