Calavo Growers Inc expected to post earnings of 35  cents a share - Earnings Preview

Calavo Growers

30/08/2022 21:29

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a rise
in quarterly revenue when it reports  results on September 1. 
    * The Santa Paula California-based  company is expected to
report 
a 16.7% increase in revenue to $332.501 million from $285.01
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
earnings of 35 cents per share. For the same quarter last year,
the company reported a loss of 17 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 $43​, above​ its last closing price of $42.71. ​​​
    * 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 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​
 Jul. 31 2021  -0.18       -0.05      -0.17     Missed  -254.2
 ​​Apr.        0.44        0.45       0.43      Missed  -3.4
 30 2021                                                
 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
 This summary was machine generated August 30 at 20:29 GMT.  All
figures in US dollars  unless otherwise stated