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.
