Dole plc (DOLE) Tops Q2 EPS by 6c; Lowers Adj. EBITDA Outlook

Dole plc (NYSE: DOLE) reported Q2 EPS of $0.44, $0.06 better than the analyst estimate of $0.38. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.49 billion.

GUIDANCE:

Due to a slower than anticipated return to full operating profitability in our Fresh Vegetables segment and the translation impact from the strengthening US Dollar, we are now targeting Adjusted EBITDA in the range of $330.0 million to $350.0 million for the full year, a reduction of approximately 5.5% from prior guidance.

For earnings history and earnings-related data on Dole plc (DOLE) click here.

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