Calavo Growers shares soar after earnings beat estimates

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Calavo Growers shares soar after earnings beat estimates

By Staff Report / Thursday, December 19th, 2019 / Comments Off on Calavo Growers shares soar after earnings beat estimates

Revenue and net income for Santa Paula-based Calavo Growers jumped higher in the fourth quarter, bringing the company to nearly $1.2 billion in net sales for the full year and $2.09 in earnings per share. Meanwhile, neighboring citrus grower Limoneira announced a cash dividend and said it expected a 31 percent increase in revenue in…

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