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

Mission Produce

06/06/2022 21:30

* Mission Produce Inc  AVO.OQ   AVO.O  is expected to show a
rise
in quarterly revenue when it reports  results on June 8. 
    * The Oxnard California-based  company is expected to report
 a
18.8% increase in revenue to $278.85 million from $234.7 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 earnings of 1 cent per share. For the same quarter last
year, the company reported earnings of 12 cents 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 $17.5​, above​ its last closing price of $13.76. ​​​
    * 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 2022  0.06        0.06       -0.17     Missed  -409.1
 Oct. 31 2022  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
 ​​Jan.        0.08        0.07       0.11      Beat    49
 31 2021                                                
 Oct. 31 2020  0.22        0.23       0.34      Beat    49.2​
 This summary was machine generated June 6 at 20:30 GMT.  All
figures in US dollars  unless otherwise stated