earnings
confidence high
sentiment positive
materiality 0.75
Mission Produce expects Q4 revenue >$320M, Adj EBITDA >$28M, beating prior year
Mission Produce, Inc.
2024-FY EPS reported
$0.52
revenue$1,234,700,000
- Total revenue expected to exceed $320M in Q4 2024 vs $257.9M same period last year.
- Adjusted EBITDA expected to exceed $28M vs $17.3M prior year, driven by strong per-unit margins in Marketing & Distribution.
- Marketing & Distribution segment delivered per-unit margins exceeding targeted range, leveraging global sourcing amid higher pricing.
- Full Q4 and FY 2024 results, along with forward assumptions, to be released in December.