Mission Produce (AVO) to Release Quarterly Earnings on Thursday

Mission Produce (NASDAQ:AVO) is expected to be releasing its Q1 2026 results after the market closes on Thursday, March 12th. Analysts expect Mission Produce to post earnings of $0.07 per share and revenue of $277.3330 million for the quarter. Parties may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, March 12, 2026 at 5:00 PM ET.

Mission Produce (NASDAQ:AVO) last announced its earnings results on Thursday, December 18th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Mission Produce had a net margin of 2.71% and a return on equity of 8.18%. The business had revenue of $319.00 million during the quarter, compared to the consensus estimate of $301.60 million. During the same period in the previous year, the firm posted $0.28 EPS. The company’s revenue was down 10.0% compared to the same quarter last year. On average, analysts expect Mission Produce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mission Produce Price Performance

Shares of Mission Produce stock opened at $14.30 on Thursday. Mission Produce has a twelve month low of $9.56 and a twelve month high of $15.02. The company has a quick ratio of 1.35, a current ratio of 1.95 and a debt-to-equity ratio of 0.19. The company has a 50-day simple moving average of $13.20 and a two-hundred day simple moving average of $12.54. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 27.50 and a beta of 0.60.

Insider Transactions at Mission Produce

In related news, major shareholder Holdings Venture Globalharvest purchased 985,704 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were acquired at an average cost of $11.76 per share, with a total value of $11,591,879.04. Following the purchase, the insider directly owned 8,837,286 shares of the company’s stock, valued at approximately $103,926,483.36. This trade represents a 12.55% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders purchased 2,141,484 shares of company stock worth $25,996,353. 30.85% of the stock is owned by company insiders.

Hedge Funds Weigh In On Mission Produce

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mission Produce by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,825 shares of the company’s stock valued at $271,000 after purchasing an additional 1,092 shares in the last quarter. Magnetar Financial LLC grew its stake in shares of Mission Produce by 12.6% in the 3rd quarter. Magnetar Financial LLC now owns 12,106 shares of the company’s stock worth $146,000 after buying an additional 1,351 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Mission Produce by 12.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 18,598 shares of the company’s stock valued at $218,000 after buying an additional 2,040 shares in the last quarter. AQR Capital Management LLC raised its stake in Mission Produce by 5.1% during the fourth quarter. AQR Capital Management LLC now owns 43,646 shares of the company’s stock valued at $506,000 after buying an additional 2,130 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its holdings in Mission Produce by 2.8% in the fourth quarter. Panagora Asset Management Inc. now owns 77,860 shares of the company’s stock worth $903,000 after acquiring an additional 2,150 shares in the last quarter. 63.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AVO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Mission Produce in a research report on Wednesday, January 21st. Zacks Research lowered Mission Produce from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Lake Street Capital reaffirmed a “buy” rating on shares of Mission Produce in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Mission Produce presently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Mission Produce Company Profile

Mission Produce, Inc is a leading global supplier, packer and distributor of fresh avocados, serving retail, foodservice and industrial customers. The company manages a vertically integrated supply chain that spans sourcing, post-harvest handling, packing and ripening. Through proprietary ripening technologies and cold-chain logistics, Mission Produce delivers consistent quality and extended shelf life for its avocado offerings.

Founded in 1983 and headquartered in Oxnard, California, Mission Produce grew from a regional packing operation into a publicly traded company listed on the Nasdaq under the ticker AVO.