Calavo Growers Inc expected to post earnings of 19 cents a share - Earnings Preview

Calavo Growers

26/01/2024 22:05

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a rise
in quarterly revenue when it reports  results on January 29
(estimated) for the period ending October 31 2023
    * The Santa Paula California-based  company is expected to
report
a 8.1% increase in revenue to $263.4 million from $243.57
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Calavo Growers Inc is
for
earnings of 19 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 $36.50​, above​ its last closing price of $27.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.31        0.31       0.41      Beat    31.8
 Apr. 30 2023  0.21        0.18       -0.01     Missed  -105.7
 Jan. 31 2023  0.24        0.24       -0.08     Missed  -132.8
                                                        ​
 Oct. 31 2022  0.33        0.33       0.03      Missed  -91
 ​​Jul.        0.35        0.35       0.16      Missed  -54
 31 2022                                                
 Apr. 30 2022  0.20        0.22       0.33      Beat    47.3​
 Jan. 31 2022  0.03        0.05       -0.02     Missed  -143.5
 Oct. 31 2021  -0.13       -0.11      -0.08     Beat    25.9
 This summary was machine generated January 26 at 22:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)