Calavo Growers misses analyst profit estimates

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By Staff Report / Tuesday, March 10th, 2020 / Comments Off on Calavo Growers misses analyst profit estimates

Santa Paula avocado distributor Calavo Growers reported a record $273.3 million in revenue for its fiscal first quarter, but profits fell short of analyst expectations, sending the stock down 10 percent in midday trading. The company reported a net loss of $900,000 for the quarter, or 5 cents per share, down from net income of…

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