• Calavo Growers Inc CVGW.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of three analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 25 cents to 34 cents per share.

• Revenue fell 29.5% to $169.96 million from a year ago; analysts expected $161.93 million.

• Calavo Growers Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $139 thousand.

• Calavo Growers Inc shares had fallen by 7.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Calavo Growers Inc is $35.00

This summary was machine generated from LSEG data January 14 at 10:42 p.m. UTC. ​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)