Mission Produce Inc expected to post a loss of 1 cent a share - Earnings Preview

Mission Produce

06/06/2023 21:04

* Mission Produce Inc  AVO.OQ   AVO.O  is expected to show a
fall
in quarterly revenue when it reports  results on June 8. 
    * The Oxnard California-based  company is expected to report
 a
21.6% decrease in revenue to $218.113 million from $278.1
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mission Produce Inc
is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $17​, above​ its last closing price of $12.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.02        0.01       -0.07     Missed  -1,193
                                                        .7
 Oct. 31 2023  0.33        0.34       0.13      Missed  -61.9
 Jul. 31 2022  0.30        0.31       0.27      Missed  -13.2​
 Apr. 30 2022  0.01        0.01       0.04      Beat    400
 ​​Jan.        0.06        0.06       -0.17     Missed  -409.1
 31 2022                                                
 Oct. 31 2021  0.30        0.30       0.24      Missed  -20.7​
 Jul. 31 2021  0.29        0.29       0.27      Missed  -8.3
 Apr. 30 2021  0.11        0.11       0.12      Beat    5.1
 This summary was machine generated June 6 at 20:04 GMT.  All
figures in US dollars  unless otherwise stated