Earnings Forecasts Show Mixed Results for APLD and CVGW

Earnings Forecasts Mixed: Applied Digital to Decline, Calavo to Surge. Both companies are set to report earnings, but contrasting forecasts may impact stock prices significantly.

Date: 15-01-2025

AI Rating: 5

Applied Digital Corporation (APLD) is expected to face challenges as its consensus earnings per share (EPS) forecast is set at $-0.14, indicating a significant 40.00% decrease compared to the same quarter last year. This drop in EPS could lead to negative investor sentiment, affecting stock prices adversely. Furthermore, the 2025 Price to Earnings (P/E) ratio stands at -19.41, significantly worse than the industry average of 14.90.

On the other hand, Calavo Growers, Inc. (CVGW) is expected to perform strongly, with a consensus EPS forecast of $0.25, representing a remarkable 175.76% increase from the previous year. This strong growth potential could lead to positive sentiment among investors, impacting their stock prices favorably. Additionally, their P/E ratio for 2024 is projected at 17.99, compared to a lower industry ratio of 6.10, indicating better growth prospects than peers.

Stocks: APLD CVGW