earnings
confidence high
sentiment positive
materiality 0.70
Fresh Del Monte Q3 net income surges to $33.3M from $1.3M; revenue up 5%
FRESH DEL MONTE PRODUCE INC
2022-Q3 EPS reported
$1.68
revenue$3,402,400,000
- Net sales $1.053.5B (+5% YoY); gross profit $88.0M vs $48.9M.
- Diluted EPS $0.69 vs $0.03; adjusted diluted EPS $0.54 vs $0.01.
- Banana segment gross profit jumped to $22.6M from $3.7M on higher pricing.
- Quarterly dividend maintained at $0.15/share; payable Dec 9 to holders Nov 16.
- Operating cash flow 9-month $105.7M vs $151.6M; long-term debt $486.1M.