Mission Produce (AVO) Reports In-Line Q4 EPS; Offers Guidance

Mission Produce (NASDAQ: AVO) reported Q4 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $257.9 million versus the consensus estimate of $330.5 million.

For the first quarter of fiscal year 2024, the Company is providing the following avocado industry outlook that will drive performance:

• Pricing is expected to be slightly lower on a sequential basis, but higher on a year-over-year basis by approximately 15% compared to the $1.14 per pound average experienced in first quarter of fiscal 2023.

For earnings history and earnings-related data on Mission Produce (AVO) click here.

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