Mission Produce (NASDAQ: AVO) Q3 2026 Earnings Preview

• Analyst Expectations: Wall Street anticipates Mission Produce to report earnings per share (EPS) of $0.12 and revenue of approximately $367.58 million for Q3 2026.
• Peruvian Output Boost: A projected record output of 120-130 million pounds of avocados from Peru is expected to improve profit margins and contribute to a second-half adjusted EBITDA forecast of $84 million to $88 million.
• Market Headwinds: Despite growth, Mission Produce faces challenges including a Zacks Consensus Estimate of $333.50 million in revenue (a 6.80% year-over-year decrease) due to lower avocado prices and an oversupply from Mexico.

Mission Produce (NASDAQ: AVO) is a global company that sources, produces, and distributes fresh Hass avocados. The company is scheduled to release its fiscal third-quarter 2026 financial results on September 8, 2026, after the market closes, as announced by GlobeNewswire. This report will cover the financial quarter that ended on July 30, 2026.

For the upcoming report, Wall Street analysts estimate Mission Produce will achieve an earnings per share (EPS) of $0.12. EPS represents the company's profit allocated to each share of stock. The revenue forecast for the quarter is approximately $367.58 million, which is the total money generated from sales before any costs are deducted.

A key factor for the quarter is a projected record output from Peru, with 120-130 million pounds of avocados expected. This marks a 20% year-over-year increase. This higher volume from its own farms is anticipated to improve profit margins and contribute to a second-half adjusted EBITDA forecast between $84 million and $88 million.

However, other estimates suggest challenges. The Zacks Consensus Estimate, as highlighted by Zacks, projects revenue of $333.50 million, a 6.80% decrease from the prior year. This is due to lower avocado prices and higher sourcing costs. An oversupply of avocados from Mexico has also put pressure on the company's pricing and margins.

The company's financial health includes a Price-to-Earnings (P/E) ratio of 39.80, indicating investor valuation. Its Debt-to-Equity ratio of 0.38 suggests it has less debt than equity, a measure of financial leverage. Mission Produce's current ratio of 1.91 shows it has enough short-term assets to cover its short-term liabilities.