Fresh Del Monte Produce Inc expected to post earnings of 83 cents a share - Earnings Preview

Del Monte

02/08/2021 14:09

* Fresh Del Monte Produce Inc  FDP.N   FDP  is expected to show
a rise in quarterly revenue when it reports results on August
4. 
* The Coral Gables, Florida-based company is expected to report 
 a 5.5% increase in revenue to $1.152 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 83 cents per share. For the same quarter
last year, the company reported earnings of 54 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 mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Fresh Del Monte
Produce Inc is $38.5​, about 19.8% above​ its last closing price
of $30.86. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.36        0.36       0.88      Beat    144.4
 Dec. 31 2020  -0.30       -0.16      -0.08     Beat    51.5
 Sep. 30 2020  0.35        0.34       0.35      Beat    2.9​
 Jun. 30 2020  0.44        0.44       0.54      Beat    22.7
 Mar.          0.53​       0.53       0.34      Missed  -35.8​
 31​ 2020​                                              
 Dec. 31 2019  -0.03       -0.03      -0.45     Missed  -1,400
                                                        ​
 Sep. 30 2019  0.16        0.16       0.35      Beat    118.8
 Jun. 30 2019  0.66        0.66       0.69      Beat    4.5
 This summary was machine generated August 2 at 13:09 GMT.  All
figures in US dollars unless otherwise stated