Mission Produce's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Mission Produce (NASDAQ:AVO) is expected to release its quarterly earnings report on Thursday, 2023-12-21, with analysts estimating an EPS of $0.10. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, AVO's stock price has been sensitive to earnings performance and guidance. Last quarter, AVO missed EPS estimates by $0.07, leading to a 0.9% drop in stock price. Over the past year, AVO shares have declined by 36.14%, indicating a bearish sentiment among long-term shareholders.

December 20, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Mission Produce is anticipated to report quarterly earnings with an EPS estimate of $0.10. Investors are focused on earnings performance and future guidance. AVO's stock has been negatively impacted by past earnings misses and is down 36.14% over the past year.
The short-term impact on AVO's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive guidance. Historical data shows that AVO's stock is sensitive to earnings reports, with price changes following the previous earnings outcomes. However, given the mixed historical performance and the current bearish sentiment, the score is neutral as it is uncertain how the market will react to the upcoming earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100