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AVO — Mission Produce News Story

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Mission Produce Inc reports results for the quarter ended April 30 - Earnings Summary

Mission Produce Inc AVO.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 14 cents.  The mean expectation of two analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 3 cents to 8 cents per share.

Revenue rose 27.8% to $380.30 million from a year ago; analysts expected $296.05 million.

Mission Produce Inc's reported EPS for the quarter was 4 cents​.

The company reported quarterly net income of $3.1 million.

Mission Produce Inc shares had risen by 1.0% this quarter and lost 26.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 26.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the fishing & farming peer group is also "buy"

Wall Street's median 12-month price target for Mission Produce Inc is $17.00

This summary was machine generated from LSEG data June 5 at 09:00 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Apr. 30 20250.060.12Beat
Jan. 31 20250.030.10Beat
Oct. 31 20240.000.28Beat
Jul. 31 20240.030.23Beat

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