Dole (DOLE) Surpasses Q2 Earnings and Revenue Estimates

Core Insights - Dole reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing an increase from $0.49 per share a year ago, resulting in an earnings surprise of +17.02% [1] - The company achieved revenues of $2.43 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 10.83% and up from $2.12 billion year-over-year [2] - Dole's stock has increased by approximately 8.1% since the beginning of the year, compared to the S&P 500's gain of 8.6% [3] Earnings Outlook - The future performance of Dole's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $2.13 billion, and for the current fiscal year, it is $1.26 on revenues of $8.63 billion [7] Industry Context - The Agriculture - Operations industry, to which Dole belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Dole's stock performance [5][6]