Mission Produce Inc : Profits of 27  cents announced for third quarter

Mission Produce

13/09/2021 22:01

13 September 202109:00 p.m. ​All figures in US dollars.
The profits announced by Mission Produce Inc in the third
quarter  were lower than the Refinitiv mean estimate  of
profits.  The company reported profits of  27 cents per share . 
Profits of  29 cents per share were anticipated by the five
analysts providing estimates for the quarter. Wall Street
expected results to range from 27 cents to 32 cents per share, 
with a forecasted mean of 29 cents per share.  The company
reported revenue of $246.80 million, which is higher than the
estimated $246.37 million. 
RECOMMENDATIONS 
* The consensus recommendation for the company is "Buy".      
* The average consensus recommendation for the fishing & farming
peer group is also "Buy".  
 
FORECAST CHANGES
* Five analysts are currently providing Refinitiv with
estimates. 
* In the last week there have been no negative revisions of
earnings estimates and There was a loss of one estimate. 
 
YEAR OVER YEAR
* The company reported revenue of $246.8 million, a revenue
figure is not available for the same quarter last year,
​
* Previous quarterly performance (using earnings preferred
measure)
 QUARTER ENDING    ESTIMATE          ACTUAL      BEAT, MET,
                                                 MISSED
 Apr. 30 2021      0.11​             0.12        Beat
 Jan. 31 2021      0.07              0.11        Beat
 Oct. 31 2020      0.23              0.34        Beat​
 This summary was machine generated from Refinitiv data September
13 at 09:00 p.m