Earnings Preview: Lavoro

Lavoro (NASDAQ:LVRO) will release its quarterly earnings report on Thursday, 2024-10-31. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Lavoro to report an earnings per share (EPS) of $-0.34.

The market awaits Lavoro's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

Last quarter the company missed EPS by $0.52, which was followed by a 13.76% drop in the share price the next day.

Here's a look at Lavoro's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.02

0.12

-0.10

-0.07

EPS Actual

-0.50

0.02

-0.07

-0.16

Price Change %

-14.000000000000002%

0.0%

0.0%

1.0%

Analyst Insights on Lavoro

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Lavoro.

A total of 1 analyst ratings have been received for Lavoro, with the consensus rating being Outperform. The average one-year price target stands at $7.0, suggesting a potential 67.46% upside.

Comparing Ratings with Competitors

In this analysis, we delve into the analyst ratings and average 1-year price targets of and Karat Packaging, three key industry players, offering insights ...