Mission Produce (NASDAQ:AVO) reported its Q1 earnings results on Thursday, March 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Mission Produce missed estimated earnings by 440.0%, reporting an EPS of $-0.17 versus an estimate of $0.05.
Revenue was up $43.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 8.5% drop in the share price the next day.
Here's a look at Mission Produce's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.29 | 0.11 | 0.07 |
| EPS Actual | 0.24 | 0.27 | 0.12 | 0.11 |
| Revenue Estimate | 242.73M | 246.37M | 219.53M | 169.27M |
| Revenue Actual | 237.00M | 246.80M | 234.70M | 173.20M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
