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Recap: Mission Produce Q1 Earnings

Author: Benzinga Insights | March 11, 2024 04:35pm

Mission Produce (NASDAQ:AVO) reported its Q1 earnings results on Monday, March 11, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Mission Produce beat estimated earnings by 250.0%, reporting an EPS of $0.09 versus an estimate of $-0.06.

Revenue was up $45.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 7.000000000000001% increase in the share price the next day.

Here's a look at Mission Produce's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.10 0.22 -0.01 0.01
EPS Actual 0.11 0.15 0.01 -0.07
Revenue Estimate 288.45M 243.03M 218.11M 207.12M
Revenue Actual 257.90M 261.40M 221.10M 213.50M

To track all earnings releases for Mission Produce visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: AVO

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