Calavo Growers, Inc. Announces Fiscal 2019 First Quarter Results
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Calavo Growers (CVGW) Tops Q1 EPS by 19c
March 7, 2019 9:03 AM ESTCalavo Growers (NASDAQ: CVGW) reported Q1 EPS of $0.74, $0.19 better than the analyst estimate of $0.55. Revenue for the quarter came in at $258 million versus the consensus estimate of $260.3 million.
Outlook
CEO Cole stated that Calavo moves forward in a strong position and remains on target to post record revenues and double-digit increases in adjusted diluted earnings per share in fiscal 2019.
Cole continued: We are extremely confident and optimistic about the course ahead in our Fresh business segment. Overall industry supply set new records this Super Bowl season, another indication that consumer demand for... More
