Mission Produce Q2 2024 Adj EPS $0.14 Beats $(0.03) Estimate, Sales $297.600M Beat $214.850M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mission Produce (NASDAQ:AVO) reported Q2 2024 adjusted EPS of $0.14, significantly beating the analyst estimate of $(0.03). The company also reported sales of $297.6 million, surpassing the $214.85 million estimate and marking a 34.60% increase from the same period last year.
June 06, 2024 | 8:24 pm
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Mission Produce (NASDAQ:AVO) reported Q2 2024 adjusted EPS of $0.14, beating the $(0.03) estimate by 566.67%. Sales of $297.6 million also exceeded the $214.85 million estimate, showing a 34.60% YoY increase.
The significant beat on both EPS and sales estimates, along with a strong year-over-year sales increase, is likely to positively impact AVO's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100