Calavo Growers Inc expected to post earnings of 43 cents a share - Earnings Preview

Calavo Growers

06/09/2024 21:02

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a fall
in quarterly revenue when it reports  results on September 9 for
the period ending July 31 2024
    * The Santa Paula California-based  company is expected to
report
a 31.3% decrease in revenue to $178.545 million from $259.88
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 43 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 $23.61. ​​​

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. 1 0001   0.38        0.36       0.50      Beat    39
 Jan. 31 0001  0.15        0.17       -0.01     Missed  -105.9
 Jan. 1 0001   0.14        0.19       -0.33     Missed  -269.5
                                                        ​
 Jan. 1 0001   0.31        0.31       0.41      Beat    31.8
 ​​Jan.        0.21        0.18       -0.01     Missed  -105.7
 1 0001                                                 
 Jan. 31 2023  0.24        0.24       -0.08     Missed  -132.8
                                                        ​
 Oct. 31 2022  0.33        0.33       0.03      Missed  -91
 Jan. 1 0001   0.35        0.35       0.16      Missed  -54
 This summary was machine generated September 6 at 20:02 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)