Calavo Growers (CVGW) Tops Q4 EPS by 1c, Offers Outlook
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Calavo Growers, Inc. Announces Fiscal 2019 Fourth Quarter and Full-Year Results
December 19, 2019 9:00 AM ESTFourth Quarter Highlights Include:
Net Income Increased to $5.2 Million; Adjusted Net Income(1) Rose 59 Percent to $8.0 Million Diluted EPS Totaled 30 Cents; Adjusted Diluted EPS(1) Equaled 45 Cents Gross Profit Increased 11 Percent to $24.6 Million Revenues Rose to $292.2 Million from $280.0 MillionFull-Year Highlights Include:
Net Income Totaled $36.6 Million; Adjusted Net Income(1) Rose to $53.1 Million Diluted EPS Equaled $2.08; Adjusted Diluted EPS(1) Climbed 21 Percent to $3.02 Gross Profit Increased 13 Percent to $128.1 Million Revenues Grew 10 Percent to $1.2 Billion from $1.1 BillionLooking Forward for Fiscal Year... More
