Mission Produce (AVO) Scheduled to Post Earnings on Monday

Mission Produce (NASDAQ:AVO) is scheduled to post its quarterly earnings results after the market closes on Monday, September 9th. Analysts expect Mission Produce to post earnings of ($0.01) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Mission Produce (NASDAQ:AVO) last announced its quarterly earnings data on Thursday, June 6th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.13. The business had revenue of $297.60 million during the quarter, compared to analyst estimates of $226.70 million. Mission Produce had a return on equity of 5.64% and a net margin of 1.64%. On average, analysts expect Mission Produce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mission Produce Stock Performance

Shares of Mission Produce stock opened at $10.73 on Friday. The company has a current ratio of 2.27, a quick ratio of 1.49 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $760.86 million, a P/E ratio of 42.92 and a beta of 0.47. The business has a fifty day simple moving average of $10.47 and a two-hundred day simple moving average of $11.06. Mission Produce has a 12 month low of $8.19 and a 12 month high of $13.00.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital initiated coverage on Mission Produce in a report on Friday, May 17th. They set a “buy” rating and a $15.00 price target for the company.

Mission Produce Company Profile

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.