Mission Produce Inc expected to post breakeven results a share - Earnings Preview

Reuters

Dec 18, 2024

* Mission Produce Inc is expected to show a fall in quarterly revenue when it reports results on December 19 for the period ending October 31 2024

* The Oxnard California-based company is expected to report a 14.5% decrease in revenue to $220.4 million from $257.9 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on November 5 2024, for the period ended October 31, was for revenue of $320.000 million.

* LSEG's mean analyst estimate for Mission Produce Inc is for breakeven results per share.

* 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 mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Mission Produce Inc is $17.00, above its last closing price of $13.21.

The company's guidance on November 5 2024 for the period ended October 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD28 million. This summary was machine generated December 17 at 21:03 GMT. 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)

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