NASDAQ$AVO

Mission Produce Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

AVO Q3 2024 — $62.6M revenue

Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any. Mission Produce Inc reported Q3 2024 results. Net income of $21.1. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $62.6M.
  • Net income: $21.1.
  • Gross profit: $37.

Headline financials

Total Revenue

$324M

Previous: $261M+23.9%
EPS

$0.17

Previous: $0.15+13.3%
Capital Expenditures

-$25.3M

Previous: -$47M+46.2%
Free Cash Flow

-$12.9M

Previous: -$40.4M+68.1%
Net Income

$12.4M

Previous: $6.6M+87.9%
Operating Income

$16.8M

Previous: $11M+52.7%
Gross Profit

$37M

Previous: $28.4M+30.3%
Cash & Equivalents

$49.5M

Previous: $23M+115.2%
Total Assets

$960M

Previous: $944M+1.6%
Stock-Based Comp

$1.5M

Previous: $1.2M+25.0%

Revenue & EPS history

Mission Produce · Revenue · Quarterly

$324M

Q3 2024+23.9%vs Q3 2023
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Mission Produce · $39.6M total across 2 segments · Q3 2023

  • International Farming
    $38.2M+855.0%
  • Blueberries
    $1.4M+366.7%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.8%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-3.4%

Avg return

30 days after

52%

13 / 25 earnings

Positive

+21.1%

Q3 2024

Best reaction

-18.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+7.6%+11.0%
Q1 2026-8.2%-5.6%+11.9%
Q4 2025+0.3%-10.4%-5.3%
Q3 2025+1.7%-1.0%-9.0%
Q2 2025+0.0%+1.9%-3.9%
Q1 2025-13.2%-14.5%-17.5%
Q4 2024+14.7%+14.2%-0.9%
Q3 2024+21.1%+22.8%+14.0%
Q2 2024-3.5%-9.7%-15.5%
Q1 2024+9.0%+9.6%+4.1%
Q4 2023+10.4%+14.2%+8.9%
Q3 2023-3.2%+3.1%+5.0%
Q2 2023+6.4%-3.1%-6.0%
Q1 2023-5.4%-4.4%+0.6%
Q4 2022-18.1%-22.9%-20.7%
Q3 2022+0.3%-1.1%-7.3%
Q2 2022+5.3%-0.4%+4.7%
Q1 2022-10.7%-12.9%-2.1%
Q4 2021-11.0%-10.9%-23.8%
Q4 2019-11.0%-10.9%-23.8%
Q3 2021-10.3%-2.9%-7.9%
Q3 2020-10.3%-2.9%-7.9%
Q2 2021+3.5%+2.2%-5.8%
Q1 2021+1.6%-0.7%-6.0%
Q4 2020+3.8%+3.6%+33.1%
Q2 2020
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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