Dole beats Q3 revenue estimates, announces $100 mln buyback

Dole

10/11/2025 11:11

Overview

Dole Q3 revenue rises 10.5%, beating analyst expectations

Adjusted EPS and net income for Q3 missed analyst estimates

Company announces $100 mln share repurchase program

Outlook

Dole expects full-year 2025 Adjusted EBITDA at upper end of $380 mln to $390 mln range

Company reduces 2025 routine capital expenditure guidance to approximately $85 mln

Dole expects full-year 2025 interest expense to be about $67 mln

Result Drivers

DIVERSIFIED SEGMENTS - Strong performance in Diversified Fresh Produce segments offset declines in Fresh Fruit

FRESH VEGETABLES SALE - Sale of Fresh Vegetables division provided financial flexibility, reducing net debt

REVENUE GROWTH - Revenue increased due to positive operational performance and favorable foreign currency impacts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.28 bln
$2.15 bln (3 Analysts)
Q3 Adjusted EPS
Miss
$0.16
$0.17 (3 Analysts)
Q3 Adjusted Net Income
Miss
$15 mln
$16.71 mln (3 Analysts)
Q3 Adjusted EBITDA
Beat
$80.80 mln
$78.21 mln (4 Analysts)
Q3 EPS continuing operations
$0.16


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy."

Wall Street's median 12-month price target for Dole PLC is $18.00, about 27% above its November 7 closing price of $13.14

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw2b7sfxa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)