Dole plc (NYSE: DOLE) reported Q3 EPS of $0.19, $0.01 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $2.06 billion versus the consensus estimate of $2 billion.

Outlook for Fiscal Year 2024 (forward-looking statement)

"We are pleased to have delivered another robust performance in the third quarter putting us in an excellent position to deliver a strong result for the full year.

As we move towards the end of the year, we are raising our full year adjusted EBITDA target by $10.0 million to at least $380.0 million for 2024.

Following our strategic decision to bring two additional vessels into our shipping fleet, we now expect total capital expenditure from continuing operations, including additions by finance lease, to be in the range of $130.0 million to $140.0 million for financial year 2024.

Additionally, as our debt levels and market interest rates have reduced, we now expect our full year interest expense, including discontinued operations, to be approximately $75.0 million for financial year 2024."

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