Dole (DOLE) Lags Q3 Earnings Estimates

Core Insights - Dole reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share, and down from $0.19 per share a year ago, representing an earnings surprise of -5.88% [1] - The company posted revenues of $2.28 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.33%, and up from $2.06 billion year-over-year [2] - Dole shares have underperformed the market, losing about 3% since the beginning of the year compared to the S&P 500's gain of 14.4% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.16 on revenues of $2.29 billion, and for the current fiscal year, it is $1.03 on revenues of $9.07 billion [7] - The estimate revisions trend for Dole was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Agriculture - Operations industry, to which Dole belongs, is currently in the bottom 17% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]