Mission Produce Inc expected to post breakeven results a share - Earnings Preview

Mission Produce

17/12/2024 21:03

* Mission Produce Inc  AVO.OQ   AVO.O  is expected to show a
fall
in quarterly revenue when it reports  results on December 19 for
the period ending October 31 2024
    * The Oxnard California-based  company is expected to report
a
14.5% decrease in revenue to $220.4 million from $257.9 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on November 5 2024,
for the period ended October 31, was for revenue of $320.000
million.
    * ​LSEG's mean analyst estimate for Mission Produce Inc is
for
breakeven results 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 $17.00​, above​ its last closing price of $13.21. ​​​

The company's guidance on November 5 2024 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD28 million.
This summary was machine generated December 17 at 21:03 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)