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

Mission Produce

22/12/2022 22:01

* Mission Produce Inc  AVO.OQ  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in
October. The mean expectation of five analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue rose 0.4% to $238.00 million from a year ago;
analysts
expected $250.03 million. 
    * Mission Produce Inc's reported EPS for the quarter was a
loss
of 59 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mission Produce Inc shares had risen by 4.6% this
quarter and
lost 3.7% so far this year.
    * The company reported a quarterly loss of $42 million.
    * Wall Street's median 12-month price target for Mission
Produce
Inc is $19.50 
    * 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 December
22 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jan. 31 2022      0.06           -0.17          Missed