Del Monte Corp reports results for the quarter ended June 30 - Earnings Summary
Del Monte Corp reports results for the quarter ended June 30 - Earnings Summary
Del Monte Corp DMC.N reported quarterly adjusted earnings of 72 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.23. The lone analyst forecast for the quarter was for earnings of 53 cents per share.
Revenue rose 3.1% to $1.22 billion from a year ago; analysts expected $1.30 billion.
Del Monte Corp's reported EPS for the quarter was 44 cents.
The company reported quarterly net income of $21.2 million.
Del Monte Corp shares had risen by 2.9% this quarter and lost 19.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 51.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the fishing & farming peer group is also "buy"
Wall Street's median 12-month price target for Del Monte Corp is $52.00, about 44.8% above its last closing price of $28.73
This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.53 | 0.72 | Beat |
Mar. 31 2026 | 0.62 | 0.63 | Beat |
Dec. 31 2025 | 0.28 | 0.70 | Beat |
Sep. 30 2025 | 0.50 | 0.69 | Beat |
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See all newsDel Monte Corp reports results for the quarter ended June 30 - Earnings Summary
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