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DOLE Dole News Story

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Dole Q4 revenue growth beats estimates

Overview

Global fresh produce firm's Q4 revenue rose 9.2%, beating analyst expectations

Adjusted EBITDA for Q4 exceeded market expectations

Company announced sale of Ecuador port assets for $75 mln

Outlook

Dole targets fiscal year 2026 Adjusted EBITDA of at least $400 mln

Company forecasts routine capex of approximately $100 mln for 2026

Dole expects 2026 interest expense to be approximately $60 mln

Result Drivers

REVENUE GROWTH - Q4 revenue increased 9.2%, driven by strong operational performance and favorable foreign currency impact

HIGHER FRUIT COSTS - Adjusted EBITDA decreased 2.6% due to higher fruit costs in the Fresh Fruit segment

DECREASED NET INCOME - Adjusted Net Income decreased due to higher depreciation expense

Company press release: ID:nBw4xZPT1a

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$2.37 bln$2.32 bln (3 Analysts)
Q4 Adjusted EPSBeat$0.14$0.13 (3 Analysts)
Q4 Adjusted Net IncomeBeat$13.80 mln$12.18 mln (3 Analysts)
Q4 Adjusted EBITDABeat$72.70 mln$69.02 mln (4 Analysts)
Q4 EPS continuing operations-$0.02
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 12.6% above its February 24 closing price of $15.99 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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