Mission Produce

Q3 FY2026 EarningsQ3 FY26 results were characterized by a significant top-line beat but a GAAP bottom-line miss due to acquisition-related costs. Revenue reached $450M, substantially exceeding the $367.6M consensus (+22.4%), driven by a 38% surge in avocado volumes following the Calavo acquisition. Normalized EPS of $0.18 beat the $0.115 expectation, while GAAP EPS missed at -$0.08 due to $25.4M in one-time transaction costs. Management raised Calavo synergy targets to >$30M and provided strong Q4 Adjusted EBITDA guidance of $52M-$55M, signaling confidence in post-merger integration.