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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Post by SergeantTradeon Mar 01, 2016 1:56pm
261 Views
Post# 24609713

last er report

last er reportOn yahoo finance I was just noticing that the last reported ER had an avg EPS estimate of .17 and it surprised with an actual EPS of .27.  I believe it was the guidance that upset everyone.

Regardless, this was huge upside after two previous disappointing quarters and the stock went nowhere. Could a second consistent ER bring back confidence?  seems like expectations have finally settled down and the stock is ready to climb if we see consistency this afternoon.  It might at least limit volatility.

I'm long but prudent with this one.
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