Dole PLC reports results for the quarter ended in December - Earnings Summary

Dole

29/02/2024 14:32

* Dole PLC  DOLE.N  reported quarterly adjusted earnings of
16
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of four analysts for the quarter
was for earnings of 8 cents per share. Wall Street expected
results to range from -1 cents to 18 cents per share.
    * Revenue fell 1.3% to $2.07 billion from a year ago;
analysts
expected $2.17 billion. 
    * Dole PLC's reported EPS for the quarter was 23 cents​.
    * The company reported quarterly net income of $22.34
million.
    * Dole PLC shares had fallen by 9.5% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Dole PLC is
$16.70 

This summary was machine generated from LSEG data February 29 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.08           0.16           Beat
 Sep. 30 2023      0.11           0.24           Beat
 Jun. 30 2023      0.34           0.51           Beat
 Mar. 31 2023      0.18           0.34           Beat