Calavo Growers Inc expected to post earnings of 5  cents a share - Earnings Preview

Calavo Growers

11/03/2022 21:30

* Calavo Growers Inc  CVGW.OQ   CVGW.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 14. 
    * The Santa Paula California-based  company is expected to
report 
a 17.0% increase in revenue to $257.995 million from $220.58
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 5 cents per share. For the same quarter last year,
the company reported earnings 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 $54​, above​ its last closing price of $39.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.44        0.45       0.43      Missed  -3.4​
 Jan. 31 2021  0.20        0.20       0.17      Missed  -16.2
 ​​Oct.        0.61        0.64       0.34      Missed  -46.9
 31 2020                                                
 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. 31 2020  0.54        0.54       0.07      Missed  -87
 This summary was machine generated March 11 at 21:30 GMT.  All
figures in US dollars  unless otherwise stated