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Dole's Profits Top Estimates Despite Sales Decline
Investopedia· 2024-08-14 16:53
Key Takeaways Dole beat second-quarter profit and sales estimates, despite a drop in demand in some key markets. The company blamed falling revenue on the negative impact of acquisitions, divestitures, and foreign currency exchange. Dole raised its full-year outlook for adjusted EBITDA, though it was short of forecasts compiled by Visible Alpha. Fruit and vegetable distributor Dole (DOLE) reported second-quarter profit and sales that beat analysts' estimates, despite a drop in demand in some key markets. Th ...
Dole(DOLE) - 2024 Q2 - Earnings Call Transcript
2024-08-14 14:15
Dole plc (NYSE:DOLE) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants James O'Regan - Head of Investor Relations Rory Byrne - CEO & Executive Director Jacinta Devine - CFO & Director Johan Linden - COO & Director Conference Call Participants Adam Samuelson - Goldman Sachs Gary Martin - Davy Operator Welcome to the Dole plc Second Quarter 2024 Earnings Conference Call and Webcast. Today's conference is being broadcast live over the internet and is also being recorded for playb ...
Dole (DOLE) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-14 12:11
Dole (DOLE) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.51%. A quarter ago, it was expected that this fresh fruit and vegetable company would post earnings of $0.31 per share when it actually produced earnings of $0.43, delivering a surprise of 38.71%. Over the last four quarte ...
Dole(DOLE) - 2024 Q2 - Earnings Call Presentation
2024-08-14 12:04
Q2'24 Results Presentation First 1 13 and and the the state the states HITORIAL PRO THERE Disclaimer Today's presentation includes forward-looking statements that reflect Dole plc's current views with respect to future events, financial performance, expected synergies and industry conditions. These statements are not statements of historical fact. The words "believe," "may," "could," "will," "should," "would," "anticipate," "estimate," "expect," "intend," "objective," "seek," "strive," "target" or similar w ...
Dole(DOLE) - 2024 Q2 - Quarterly Report
2024-08-14 10:09
Exhibit 99.1 Background and Certain Defined Terms 1 Table of Contents Forward-Looking Statements 1 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Dole is a Tasty Low Hanging Treat for Value Hunters
marketbeat.com· 2024-05-20 12:04
Key Points As stock markets reach new all-time highs, it's tough to find bargains among strong companies with frothy valuations. Steady and reliable may not be enough to excite the markets, but for value investors, these treats are hidden gems in plain sight. One such gem is Dole plc NYSE: DOLE, a leading producer of fresh fruits and vegetables. Dole competes in the consumer staples sector with Fresh Del Monte Produce Inc. NYSE: FDP. Dole supplies fruits and vegetables to grocers, including Target Co. NYSE: ...
Dole(DOLE) - 2024 Q1 - Earnings Call Transcript
2024-05-15 13:54
Dole Plc. (NYSE:DOLE) Q1 2024 Earnings Call Transcript May 15, 2024 8:00 AM ET Company Participants James O'Regan - Head of Investor Relations Rory Byrne - CEO & Executive Director Jacinta Devine - CFO & Director Johan Linden - COO & Director Conference Call Participants Adam Samuelson - Goldman Sachs Christopher Barnes - Deutsche Bank Gary Martin - Davy Ben Bienvenu - Stephens Christian Junquera - Bank of America Operator Welcome to the Dole Plc’s First Quarter 2024 Earnings Conference Call and Webcast. To ...
Dole (DOLE) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-15 12:11
Dole (DOLE) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 38.71%. A quarter ago, it was expected that this fresh fruit and vegetable company would post earnings of $0.03 per share when it actually produced earnings of $0.16, delivering a surprise of 433.33%. Over the last four qua ...
Dole(DOLE) - 2024 Q1 - Earnings Call Presentation
2024-05-15 11:53
Anticipating higher shipping costs in 2024 and continued impact from currency appreciation in key sourcing countries Revenue - $'m 2,121 1,989 Income from Continuing Operations (3) - $'m 71.5 35.0 Diluted EPS from Continuing Operations - $ 0.80 0.30 Adjusted Diluted EPS - $ 0.43 0.34 Segment Results – Continuing Operations Fresh Fruit Q1'24 REVIEW ▪ Adjusted EBITDA in line with Q1'23 Diversified Fresh Produce EMEA +10.9% YoY | --- | --- | |------------------------------------------------------------|------- ...
Dole(DOLE) - 2024 Q1 - Quarterly Report
2024-05-15 10:09
Table of Contents | Background and Certain Defined Terms | 1 | | --- | --- | | Forward-Looking Statements | 1 | | PART I - FINANCIAL INFORMATION | | | Item 1. Financial Statements | 1 | | Unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 | 2 | | Unaudited Condensed Consolidated Statements of Operations for the Three Months ended March 31, 2024 and | | | March 31, 2023 | 3 | | Unaudited Condensed Consolidated Statements of Comprehensive Income for the Three Months end ...