Fresh Del Monte Produce (NYSE:FDP) Issues Earnings Results

Fresh Del Monte Produce (NYSE:FDP) issued its quarterly earnings data on Tuesday. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.03, reports. Fresh Del Monte Produce had a negative net margin of 0.60% and a positive return on equity of 0.10%. The firm had revenue of $1.24 billion for the quarter. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s quarterly revenue was down 2.6% compared to the same quarter last year.

FDP stock traded up $0.06 during trading on Wednesday, reaching $30.33. The stock had a trading volume of 324,271 shares, compared to its average volume of 246,230. Fresh Del Monte Produce has a 1-year low of $22.98 and a 1-year high of $39.35. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.92 and a quick ratio of 0.99. The firm has a market capitalization of $1.30 billion, a P/E ratio of 535.40 and a beta of 0.83. The company has a fifty day moving average of $26.67.

In other Fresh Del Monte Produce news, Director Michael J. Berthelot sold 2,207 shares of the business’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $29.37, for a total value of $64,819.59. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders sold a total of 3,358 shares of company stock worth $96,386 in the last quarter. 37.60% of the stock is currently owned by company insiders.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It offers fresh produce products, such as bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, strawberries, and kiwi; various vegetables, including potatoes, onions, bell peppers, cucumbers, whole lettuce, broccoli, cauliflower, and other vegetables; and various other fruits, such as plantains and mangoes.

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Earnings History for Fresh Del Monte Produce (NYSE:FDP)

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