Calavo Growers Inc expected to post earnings of 36 cents a share - Earnings Preview

Calavo Growers

07/06/2024 21:06

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a fall
in quarterly revenue when it reports  results on June 10 for the
period ending April 30 2024
    * The Santa Paula California-based  company is expected to
report
a 34.4% decrease in revenue to $160.458 million from $244.69
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Calavo Growers Inc is
for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $35.00​, above​ its last closing price of $24.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.15        0.17       -0.01     Missed  -105.9
 Oct. 31 2024  0.14        0.19       -0.33     Missed  -269.5
 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.        0.24        0.24       -0.08     Missed  -132.8
 31 2023                                                
 Oct. 31 2022  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
 This summary was machine generated June 7 at 20:06 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)