Calavo Growers Inc. (CVGW) is set to report fourth-quarter earnings after Wednesday's closing bell, and Wall Street is watching closely to see if the avocado and fresh foods company can deliver on significantly improved bottom-line expectations.
Analysts are forecasting earnings of 37 cents per share for the Santa Paula, California-based company. That's a substantial jump from the 5 cents per share Calavo Growers posted in the same quarter last year. However, the revenue picture looks different. The consensus estimate sits at $147.95 million, down from $169.96 million in the year-ago period.
The company last reported quarterly results on Sept. 9, posting numbers that fell short of expectations. Shares ticked up 1.1% to $22.21 on Tuesday ahead of the upcoming print.
What Wall Street's Top Analysts Are Saying
Several highly accurate analysts have weighed in on Calavo Growers in recent months, with most showing renewed optimism. Here's how the forecasts have evolved:
Citigroup analyst Patrick Cunningham upgraded the stock from Neutral to Buy on Oct. 22, 2025, boosting his price target from $62 to $70. Cunningham has maintained a 58% accuracy rate in his calls.
Seaport Global analyst Michael Harrison also turned bullish, upgrading Calavo Growers from Neutral to Buy on Sept. 26, 2025, with an $80 price target. Harrison's track record shows a 61% accuracy rate.
Baird analyst Ghamsham Panjabi, who holds the highest accuracy rate among this group at 77%, maintained his Outperform rating on June 27, 2025, while raising his price target from $60 to $75.
Not everyone is convinced, though. JP Morgan analyst Jeffrey Zekauskas kept his Underweight rating on June 27, 2025, though he did nudge his price target up from $50 to $54. Zekauskas has a 64% accuracy rate.
The divergence in views suggests Wednesday's earnings report could be particularly telling for Calavo Growers' near-term trajectory. With earnings expected to rise sharply even as revenue declines, investors will be looking for signs of improved operational efficiency and margin expansion.
