Mission Produce Inc expected to post a loss of 3 cents a share - Earnings Preview

Mission Produce

04/06/2024 21:07

* Mission Produce Inc  AVO.OQ   AVO.O  is expected to show a
fall
in quarterly revenue when it reports  results on June 6 for the
period ending April 30 2024
    * The Oxnard California-based  company is expected to report
a
2.8% decrease in revenue to $214.85 million from $221.1 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Mission Produce Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 $14.50​, above​ its last closing price of $11.91. ​​​

This summary was machine generated June 4 at 20:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)