Mission Produce's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Mission Produce (NASDAQ:AVO) is scheduled to release its quarterly earnings report on March 11, 2024, with analysts expecting an EPS of $-0.06. The company's past performance shows a mix of earnings beats and misses, with share price reactions varying accordingly. Shares were trading at $10.98 as of March 06, with a 2.04% increase over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
March 08, 2024 | 2:01 pm
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NEUTRAL IMPACT
Mission Produce is expected to report an EPS of $-0.06 for the upcoming quarter. Historical data shows its stock price reacts to earnings outcomes and guidance. Currently trading at $10.98, with a 2.04% increase over the last year.
Given the mixed historical earnings performance and the slight year-over-year stock increase, the short-term impact is uncertain. The market's reaction will likely hinge on whether AVO meets or exceeds the EPS estimate and the forward guidance provided.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100