Mission Produce, Inc. (AVO) Tops Q1 Earnings and Revenue Estimates

分组1 - Mission Produce, Inc. reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, and showing an increase from $0.09 per share a year ago, resulting in an earnings surprise of 900% [1] - The company achieved revenues of $334.2 million for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 18.93%, compared to $258.7 million in the same quarter last year [2] - Over the last four quarters, Mission Produce has consistently surpassed consensus EPS and revenue estimates [2] 分组2 - Despite the strong earnings report, Mission Produce shares have declined approximately 16.8% since the beginning of the year, contrasting with the S&P 500's decline of 1.9% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at $0.02 on revenues of $237 million, and $0.42 on $1.06 billion in revenues for the current fiscal year [7] - The Agriculture - Operations industry, to which Mission Produce belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges for stock performance [8]