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

Mission Produce

08/06/2023 22:01

* Mission Produce Inc  AVO.OQ  reported quarterly adjusted
earnings of 1 cent​​ per share for the quarter ended in April.
The mean expectation of five analysts for the quarter was for a
loss of one cent per share.
    * Revenue fell 20.5% to $221.10 million from a year ago;
analysts
expected $218.11 million. 
    * Mission Produce Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 127.2% in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Mission Produce Inc shares had risen by 13.3% this
quarter and
gained 8.3% so far this year.
    * The company reported a quarterly loss of $4.6 million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $17.00 
    * 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 from LSEG Refinitiv data June
8 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.01          0.01           Beat
 Jan. 31 2023      0.01           -0.07          Missed
 Oct. 31 2022      0.34           0.13           Missed
 Jul. 31 2022      0.31           0.27           Missed