Calavo Growers Inc expected to post earnings of 18  cents a share - Earnings Preview

Calavo Growers

02/06/2023 21:05

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a fall
in quarterly revenue when it reports  results on June 6. 
    * The Santa Paula California-based  company is expected to
report 
a 20.0% decrease in revenue to $265.2 million from $331.42
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Calavo Growers Inc
is for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $35.5​, above​ its last closing price of $31.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.24        0.24       -0.08     Missed  -132.8
 Oct. 31 2023  0.33        0.33       0.03      Missed  -91
 Jul. 31 2022  0.35        0.35       0.16      Missed  -54​
 Apr. 30 2022  0.20        0.22       0.33      Beat    47.3
 ​​Jan.        0.03        0.05       -0.02     Missed  -143.5
 31 2022                                                
 Oct. 31 2021  -0.13       -0.11      -0.08     Beat    25.9​
 Jul. 31 2021  -0.18       -0.05      -0.17     Missed  -254.2
 Apr. 30 2021  0.44        0.45       0.43      Missed  -3.4
 This summary was machine generated June 2 at 20:04 GMT.  All
figures in US dollars  unless otherwise stated