Fresh Del Monte Produce Inc. Announces Fourth Quarter and Full Year 2019 Financial Results

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Fresh Del Monte Produce (FDP) Misses Q4 EPS by 42c, Revenues Miss

February 19, 2020 6:05 AM EST

Fresh Del Monte Produce (NYSE: FDP) reported Q4 EPS of ($0.45), $0.42 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.07 billion.

In 2019, we benefited from our 2018 initiatives to realign certain production units, as well... More