Mission Produce earnings miss, Revenue beats in Q3

  • Investing.com
Mission Produce earnings miss, Revenue beats in Q3
Credit: © Reuters.

Investing.com - Mission Produce reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Mission Produce announced earnings per share of $0.27 on revenue of $313.2M. Analysts polled by Investing.com anticipated EPS of $0.3037 on revenue of $292.93M.

Mission Produce shares are down 57% from the beginning of the year and are trading at $15.45 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.18% year to date.

Mission Produce follows other major Consumer Staples sector earnings this month

Mission Produce's report follows an earnings beat by Walmart on Tuesday, August 16, 2022, who reported EPS of $1.77 on revenue of $152.86B, compared to forecasts EPS of $1.62 on revenue of $150.99B.

Estee Lauder had beat expectations on Thursday, August 18, 2022 with fourth quarter EPS of $0.42 on revenue of $3.56B, compared to forecast for EPS of $0.3219 on revenue of $3.42B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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