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

Del Monte

02/11/2022 13:33

* Fresh Del Monte Produce Inc  FDP.N  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 10 cents per share.
    * Revenue rose 4.8% to $1.05 billion from a year ago;
analysts
expected $1.04 billion. 
    * Fresh Del Monte Produce Inc's reported EPS for the quarter
was
69 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24%
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 11.9% this
quarter and lost 5.8% so far this year.
    * The company reported quarterly net income of $33.3
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 from Refinitiv data November
2 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.10           0.54           Beat
 Jun. 30 2022      0.79           0.43           Missed
 Mar. 31 2022      0.46           0.55           Beat
                                  -0.18