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

Mission Produce

08/09/2022 22:01

* Mission Produce Inc  AVO.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in July.
The mean expectation of five analysts for the quarter was
for earnings of 31 cents per share.
    * Revenue rose 26.9% to $313.20 million from a year ago;
analysts
expected $283.48 million. 
    * Mission Produce Inc's reported EPS for the quarter was 26
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.7%
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 9.1% this
quarter and
lost 1.0% so far this year.
    * The company reported quarterly net income of $18.4
million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $18.50 
    * 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 from Refinitiv data September
8 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.31           0.27           Missed
 Apr. 30 2022      0.01           0.04           Beat
 Jan. 31 2022      0.06           -0.17          Missed
 Oct. 31 2021      0.30           0.24           Missed