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

Mission Produce

08/06/2022 22:01

* Mission Produce Inc  AVO.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended in April.
The mean expectation of five analysts for the quarter was
for earnings of one cent per share.
    * Revenue rose 18.5% to $278.10 million from a year ago; 
analysts
expected $278.85 million. 
    * Mission Produce Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 92.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mission Produce Inc shares had risen by 10.2% this
quarter and
lost 11.2% so far this year.
    * The company reported quarterly net income of $2.4 million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $17.50 
    * 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." 

This summary was machine generated June 8 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated