Calavo Growers, Inc. Announces Fiscal 2019 Fourth Quarter and Full-Year Results

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Calavo Growers (CVGW) Tops Q4 EPS by 1c, Offers Outlook

December 19, 2019 9:02 AM EST

Calavo Growers (NASDAQ: CVGW) reported Q4 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $292.2 million versus the consensus estimate of $300 million.

Outlook:

Commenting on the course ahead, CEO Cole stated: Building upon our record-setting year, Calavo begins fiscal 2020 in an enviable position financially, operationally and through our depth of human capital and other resources from which we can continue to drive the companys growth moving forward.

The extended upward arc in consumer demand for fresh avocados is expected to be... More