Fresh Del Monte Produce Inc reports results for the quarter ended in December - Earnings Summary

Del Monte

22/02/2023 14:32

* Fresh Del Monte Produce Inc  FDP.N  reported quarterly
adjusted
earnings of 45 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 4 cents per share.
    * Revenue rose 2.2% to $1.04 billion from a year ago;
analysts
expected $1.03 billion. 
    * Fresh Del Monte Produce Inc's reported EPS for the quarter
was
38 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Fresh Del Monte Produce Inc shares had risen by 9.3% this
quarter.
    * The company reported quarterly net income of $18.3
million.
    * Wall Street's median 12-month price target for Fresh Del
Monte
Produce Inc is $33.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.04          0.45           Beat
 Sep. 30 2022      0.10           0.54           Beat
 Jun. 30 2022      0.79           0.43           Missed
 Mar. 31 2022      0.46           0.55           Beat