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

Mission Produce

09/03/2023 22:53

* Mission Produce Inc  AVO.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in January. The
mean expectation of five analysts for the quarter was
for earnings of one cent per share.
    * Revenue fell 1.4% to $213.50 million from a year ago;
analysts
expected $207.12 million. 
    * Mission Produce Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 86.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mission Produce Inc shares had fallen by 5.2% this
quarter.
    * The company reported a quarterly loss of $8.8 million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $18.00 
    * 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
March 9 at 10:53 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.01           -0.07          Missed
 Oct. 31 2022      0.34           0.13           Missed
 Jul. 31 2022      0.31           0.27           Missed
 Apr. 30 2022      0.01           0.04           Beat