Earnings Outlook For Fresh Del Monte Produce

Fresh Del Monte Produce FDP is set to give its latest quarterly earnings report on Wednesday, 2022-08-03. Here's what investors need to know before the announcement.

Analysts estimate that Fresh Del Monte Produce will report an earnings per share (EPS) of $0.79.

Fresh Del Monte Produce bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Fresh Del Monte Produce's past performance and the resulting price change:

Stock Performance

Shares of Fresh Del Monte Produce were trading at $30.34 as of July 29. Over the last 52-week period, shares are down 2.72%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Fresh Del Monte Produce visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.