Mission Produce Inc reports results for the quarter ended October 31 - Earnings Summary

Mission Produce

19/12/2024 22:02

* Mission Produce Inc  AVO.OQ  reported quarterly adjusted
earnings of 28 cents​​ per share for the quarter ended October
31, higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of two analysts
for the quarter was for breakeven results per share. Wall Street
expected results to range from -3 cents to 3 cents per share.
    * Revenue rose 37.4% to $354.40 million from a year ago;
analysts
expected $220.40 million. 
    * Mission Produce Inc's reported EPS for the quarter was 24
cents​.
    * The company reported quarterly net income of $17.3
million.
    * Mission Produce Inc shares had fallen by 1.7% this
quarter and
gained 24.9% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the fishing &
farming
peer group is also "buy"

Wall Street's median 12-month price target for Mission Produce
Inc is $17.00 
This summary was machine generated from LSEG data December 19 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.00           0.28           Beat
 Jul. 31 2024      0.03           0.23           Beat
 Apr. 30 2024      -0.03          0.14           Beat
 Jan. 31 2024      -0.06          0.09           Beat