UPDATE: Fresh Del Monte Posts Q4 Loss

Fresh Del Monte Produce Inc FDP posted a loss in the fourth quarter. Fresh Del Monte posted a quarterly loss of $10.1 million, or $0.17 per share, versus a year-ago loss of $9.6 million, or $0.16 per share. Excluding special items, Fresh Del Monte posted a loss of $0.15 per share. However, analysts were expecting a profit of $0.15 per share. Its sales dropped 4.4% to $780.8 million, versus analysts' estimates of $837 million. Fresh Del Monte's gross margin declined to 4% from 4.85%. Fresh Del Monte shares closed at $24.98 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!