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

Calavo Growers

20/12/2022 22:02

* Calavo Growers Inc  CVGW.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in
October. The mean expectation of five analysts for the quarter
was for earnings of 33 cents per share.
    * Revenue fell 10.9% to $243.57 million from a year ago;
analysts
expected $297.97 million. 
    * Calavo Growers Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 9.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Calavo Growers Inc shares had risen by 7.7% this
quarter and
lost 19.4% so far this year.
    * The company reported a quarterly loss of $3.32 million.
    * Wall Street's median 12-month price target for Calavo
Growers
Inc is $40.00 
    * 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." 

This summary was machine generated from Refinitiv data December
20 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.33           0.03           Missed
 Jul. 31 2022      0.35           0.16           Missed
 Apr. 30 2022      0.22           0.33           Beat
 Jan. 31 2022      0.05           -0.02          Missed