Despite recent stock pressures, AVO's strong global sourcing, rising avocado prices and efficient operations support its long-term growth potential.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mission Produce (AVO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Mission Produce reports robust earnings and revenues in first-quarter fiscal 2025, gaining from solid consumer demand and higher volumes.
Mission Produce, Inc. (NASDAQ:AVO ) Q1 2025 Earnings Conference Call March 10, 2025 5:00 PM ET Company Participants Jeff Sonnek - Investor Relations, ICR Stephen Barnard - Chief Executive Officer Bryan Giles - Chief Financial Officer John Pawlowski - President and Chief Operating Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Gerry Sweeney - ROTH Capital Partners Operator Good afternoon, and welcome to the Mission Produce Fiscal First Quarter 2025 Conference Call. All participants will be in a listen-only mode.
Mission Produce, Inc. (AVO) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.09 per share a year ago.
Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn't include the impact of those extra import taxes on business.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mission Produce, Inc. is a promising small-cap stock with strong short-term and long-term tailwinds, driven by rising avocado demand and supply constraints. The company's financials have significantly improved, with a double-digit revenue increase in 2024 and a shift from net loss to net income. Mission Produce's vertical integration and global sourcing capabilities make it resilient against trade wars and climate disruptions, ensuring stable supply and rising prices.
AVO leverages its global sourcing network to meet demand and optimize margins, strengthening its performance. We evaluate if the stock is a buy at the current levels.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cash offers the flexibility to make decisions, the means to make potential investments and the fuel to run its growth engine, making SUZ, PLAB, AVO and ESEA worth buying.