Calavo Growers Inc reports results for the quarter ended in July - Earnings Summary

Calavo Growers

06/09/2023 22:01

* Calavo Growers Inc  CVGW.OQ  reported quarterly adjusted
earnings of 41 cents​​ per share for the quarter ended in July.
The mean expectation of four analysts for the quarter was
for earnings of 31 cents per share.
    * Revenue fell 24% to $259.88 million from a year ago;
analysts
expected $280.81 million. 
    * Calavo Growers Inc's reported EPS for the quarter was 37
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Calavo Growers Inc shares had risen by 11.8% this
quarter and
gained 10.4% so far this year.
    * The company reported quarterly net income of $6.63
million.
    * Wall Street's median 12-month price target for Calavo
Growers
Inc is $36.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 6 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.31           0.41           Beat
 Apr. 30 2023      0.18           -0.01          Missed
 Jan. 31 2023      0.24           -0.08          Missed
 Oct. 31 2022      0.33           0.03           Missed