Dole plc (DOLE) Misses Q1 EPS by 2c

Dole plc (NYSE: DOLE) reported Q1 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.23 billion.

Guidance:

The company is maintaining our guidance for routine capex of approximately $100 million. In addition, we continue to explore a range of development opportunities which, if executed, will strengthen our business and continue to drive further growth in the years to come.

The company is reducing our full year interest expense guidance by $2 million to approximately $58 million.

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

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