Avocado seller Mission Produce rises after upbeat Q4

Mission Produce

20/12/2024 15:33

(Updates)
    ** Avocado seller Mission Produce's shares  AVO.O  up as
much as 23.8% at $15.25, highest since Dec. 2022
    ** Company reported Q4 results after market close on
Thursday
    ** Q4 revenue rose 37% to $354.4 mln; adj EPS of 28 cents vs
11 cents a year earlier
    ** Company expects selling prices to be higher in fiscal
2025 and capital expenditure to be lower
    ** As of Thursday's close, company's shares up 22.1% YTD

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com))