Mission Produce Q3 2024 Adj. EPS $0.23 Beats $0.03 Estimate, Sales $324.000M Beat $230.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mission Produce (NASDAQ:AVO) reported Q3 2024 earnings of $0.23 per share, significantly surpassing the analyst estimate of $0.03. The company's sales reached $324 million, exceeding the expected $230.95 million and marking a 23.95% increase from the previous year.
September 09, 2024 | 8:17 pm
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Mission Produce's Q3 2024 earnings and sales significantly exceeded expectations, with EPS at $0.23 against a $0.03 estimate and sales at $324M versus a $230.95M estimate. This strong performance indicates robust growth and could positively impact the stock price.
The significant beat on both EPS and sales suggests strong operational performance and market demand, likely leading to positive investor sentiment and a potential increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100