Fresh Del Monte Produce Inc expected to post earnings of 46  cents a share - Earnings Preview

Del Monte

02/05/2022 19:34

* Fresh Del Monte Produce Inc  FDP.N   FDP  is expected
to show a
rise in quarterly revenue when it reports  results on May 4. 
    * The Coral Gables Florida-based  company is expected to
report  a
2.6% increase in revenue to $1.116 billion from $1.09 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fresh Del Monte
Produce
Inc is for earnings of 46 cents per share. For the same quarter
last year, the company reported earnings of 88 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Fresh Del
Monte
Produce Inc is $34​, above​ its last closing price of $26.05.
​​​

This summary was machine generated May 2 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated