Fresh Del Monte Produce (FDP) Misses Q1 EPS by 19c, Revenues Miss

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Fresh Del Monte Produce Inc. Reports First Quarter 2020 Financial Results

April 29, 2020 6:30 AM EDT

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the first quarter ended March 27, 2020. The Company reported earnings per diluted share of $0.27 for the first quarter of 2020, compared with earnings per diluted share of $0.74 in the first quarter of 2019. Adjusted earnings per diluted share were $0.34 in the first quarter of 2020, compared with adjusted earnings per diluted share of $0.46 in the first quarter of 2019.

The Company's Board of Directors declared an interim cash dividend of five cents ($0.05) per... More