Mission Produce (AVO) Expected to Announce Earnings on Monday

Mission Produce (NASDAQ:AVO) is projected to announce its earnings results after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $285.60 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Mission Produce Stock Performance

AVO opened at $11.96 on Friday. The business has a fifty day simple moving average of $12.37 and a 200 day simple moving average of $12.47. The company has a market capitalization of $850.02 million, a PE ratio of 23.45 and a beta of 0.47. Mission Produce has a 1 year low of $9.54 and a 1 year high of $15.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26.

Insider Activity at Mission Produce

In other news, CEO Stephen J. Barnard sold 7,032 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $14.51, for a total transaction of $102,034.32. Following the sale, the chief executive officer now directly owns 1,787,450 shares of the company’s stock, valued at approximately $25,935,899.50. This represents a 0.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jay A. Pack sold 59,165 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $14.70, for a total value of $869,725.50. Following the sale, the director now directly owns 1,015,160 shares in the company, valued at approximately $14,922,852. This trade represents a 5.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 224,252 shares of company stock worth $3,256,786 in the last ninety days. 35.41% of the stock is owned by company insiders.

About Mission Produce

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.