Dole Q2 Adj $0.49 Beats $0.43 Estimate, Sales $2.12B Beat $2.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dole (NYSE:DOLE) reported Q2 earnings of $0.49 per share, beating the analyst estimate of $0.43. Sales were $2.12 billion, also surpassing the $2.09 billion estimate. However, both earnings and sales showed a slight decline compared to the same period last year.
August 14, 2024 | 10:02 am
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Dole reported Q2 earnings of $0.49 per share, beating the $0.43 estimate. Sales were $2.12 billion, also surpassing the $2.09 billion estimate. However, both earnings and sales showed a slight decline compared to the same period last year.
Dole's Q2 earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the slight decline in both metrics compared to last year may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100