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

Mission Produce

11/03/2022 07:53

* Mission Produce Inc  AVO.OQ  reported a quarterly adjusted
loss
of 17 cents​​ per share for the quarter ended in January. The
mean expectation of five analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue rose 25.1% to $216.60 million from a year ago; 
analysts
expected $243.24 million. 
    * Mission Produce Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Mission Produce Inc shares had fallen by 15.0% this
quarter.
    * The company reported a quarterly loss of $13.4 million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 11 at 07:53 a.m.  ​All
figures in US dollars unless otherwise stated