Recap: Mission Produce Q2 Earnings

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Mission Produce AVO reported its Q2 earnings results on Thursday, June 8, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Mission Produce beat estimated earnings by 200.0%, reporting an EPS of $0.01 versus an estimate of $-0.01.

Revenue was down $57.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 2.71% drop in the share price the next day.

Here's a look at Mission Produce's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.01 0.34 0.31 0.01
EPS Actual -0.07 0.13 0.27 0.04
Revenue Estimate 207.12M 250.03M 283.48M 278.85M
Revenue Actual 213.50M 238.00M 313.20M 278.10M

To track all earnings releases for Mission Produce visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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