SANTA PAULA, Calif. _ Calavo Growers Inc. (CVGW) on Wednesday reported fiscal third-quarter net income of $12.4 million.
The Santa Paula, California-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share.
The avocado grower posted revenue of $296.4 million in the period.
Calavo shares have climbed 23 percent since the beginning of the year. The stock has risen 53 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVGW at https://www.zacks.com/ap/CVGW