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

Del Monte

04/05/2022 16:36

* Fresh Del Monte Produce Inc  FDP.N  reported quarterly
adjusted
earnings of 55 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 46 cents per share.
    * Revenue rose 4.5% to $1.14 billion from a year ago; 
analysts
expected $1.12 billion. 
    * Fresh Del Monte Produce Inc's reported EPS for the quarter
was
54 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Fresh Del Monte Produce Inc shares had fallen by 1.7% this
quarter and lost 7.7% so far this year.
    * The company reported quarterly net income of $25.8
million.
    * Wall Street's median 12-month price target for Fresh Del
Monte
Produce Inc is $34.00 
    * 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." 

This summary was machine generated May 4 at 03:36 p.m.  ​All
figures in US dollars unless otherwise stated