Calavo Growers' Q4 Beats on EPS, Revs; Expects FY12 EPS to Surpass Outlook

By Midnight Trader, January 05, 2012, 10:06:00 AM EDT

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Calavo Growers ( CVGW ) today reported fourth quarter earnings of $0.25 per share, compared with the year-ago quarter's $0.32 per share.

Revenues were $147.3 million, up 37.4% from $107.23 million in the comparable period last year.

Analysts polled by Thomson Reuters were expecting earnings of $0.23 per share on revenues of $132.06 million.

The company also said that it may surpass its FY12 EPS guidance of $1.22. The Street view is $1.52 per share.

Shares are up 0.39% to $25.54, with a 52-week range of $18.24-$27.17.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing, Commodities

Referenced Stocks: CVGW

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