Mission Produce Past Earnings Performance
Past criteria checks 2/6
Mission Produce's earnings have been declining at an average annual rate of -52.2%, while the Food industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 5.2% per year. Mission Produce's return on equity is 3.9%, and it has net margins of 1.6%.
Key information
-52.2%
Earnings growth rate
-53.9%
EPS growth rate
| Food Industry Growth | 8.7% |
| Revenue growth rate | 5.2% |
| Return on equity | 3.9% |
| Net Margin | 1.6% |
| Last Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mission Produce makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Apr 24 | 1,076 | 18 | 76 | 0 |
| 31 Jan 24 | 999 | 6 | 77 | 0 |
| 31 Oct 23 | 954 | -3 | 75 | 0 |
| 31 Jul 23 | 934 | -49 | 74 | 0 |
| 30 Apr 23 | 986 | -37 | 77 | 0 |
| 31 Jan 23 | 1,043 | -30 | 78 | 0 |
| 31 Oct 22 | 1,046 | -35 | 77 | 0 |
| 31 Jul 22 | 1,045 | 24 | 74 | 0 |
| 30 Apr 22 | 979 | 24 | 70 | 0 |
| 31 Jan 22 | 935 | 29 | 65 | 0 |
| 31 Oct 21 | 892 | 45 | 62 | 0 |
| 31 Jul 21 | 862 | 47 | 64 | 0 |
| 30 Apr 21 | 851 | 52 | 60 | 0 |
| 31 Jan 21 | 838 | 30 | 56 | 0 |
| 31 Oct 20 | 862 | 29 | 56 | 0 |
| 31 Jul 20 | 887 | 34 | 50 | 0 |
| 30 Apr 20 | 934 | 35 | 49 | 0 |
| 31 Jan 20 | 917 | 60 | 50 | 0 |
| 31 Oct 19 | 883 | 72 | 48 | 0 |
| 31 Oct 18 | 860 | 72 | 35 | 0 |
Quality Earnings: AVO * has high quality earnings.
Growing Profit Margin: AVO * became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVO *'s earnings have declined by 52.2% per year over the past 5 years.
Accelerating Growth: AVO * has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AVO * has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (1.4%).
Return on Equity
High ROE: AVO *'s Return on Equity (3.9%) is considered low.