Calavo Growers Inc expected to post earnings of 45  cents a share - Earnings Preview

Calavo Growers

04/06/2021 21:24

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show a
fall in quarterly revenue when it reports results on June 8 .
* The Santa Paula, California-based company is expected to
report   a 5.0% decrease in revenue to $267.073 million from
$281.17 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Calavo Growers Inc is
for earnings of 45 cents per share. For the same quarter last
year, the company reported earnings of 40 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 $85​, about 14.4% above​ its last closing price
of $72.78. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Apr. 30 2020  0.45        0.48       0.40      Missed  -16.7
 Jan.          0.54​       0.54       0.07      Missed  -87​
 31​ 2020​                                              
 Oct. 31 2019  0.43        0.44       0.45      Beat    1.7​
 Jul. 31 2019  0.94        0.91       0.91      Met     0.6
 Apr. 30 2019  0.78        0.77       0.92      Beat    20.3
 This summary was machine generated June 4 at 20:24 GMT.  All
figures in US dollars unless otherwise stated