Calavo Growers Inc expected to post earnings of 31  cents a share - Earnings Preview

Calavo Growers

28/08/2023 21:58

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 30
(estimated). 
    * The Santa Paula California-based  company is expected to
report 
a 17.9% decrease in revenue to $280.806 million from $341.99
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Calavo Growers Inc
is for
earnings of 31 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 $36.5​, above​ its last closing price of $33.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.35        0.35       0.16      Missed  -54
 ​​Apr.        0.20        0.22       0.33      Beat    47.3
 30 2022                                                
 Jan. 31 2022  0.03        0.05       -0.02     Missed  -143.5
                                                        ​
 Oct. 31 2021  -0.13       -0.11      -0.08     Beat    25.9
 Jul. 31 2021  -0.18       -0.05      -0.17     Missed  -254.2
 This summary was machine generated August 28 at 20:58 GMT.  All
figures in US dollars  unless otherwise stated