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

Dole

17/08/2023 14:32

* Dole PLC  DOLE.N  reported quarterly adjusted earnings of
51
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
34 cents per share.
    * Revenue fell 9.3% to $2.14 billion from a year ago;
analysts
expected $2.27 billion. 
    * Dole PLC's reported EPS for the quarter was 44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Dole PLC shares had fallen by 2.5% this quarter and
gained 36.6%
so far this year.
    * The company reported quarterly net income of $42.28
million.
    * Wall Street's median 12-month price target for Dole PLC is
$15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 17 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.34           0.51           Beat
 Mar. 31 2023      0.18           0.34           Beat
 Dec. 31 2022      0.05           0.09           Beat
 Sep. 30 2022      0.10           0.14           Beat