Dole Raises Full Year Adjusted EBITDA Target To At Least $370.0M For 2024 (Prior View: $360M)
Portfolio Pulse from Benzinga Newsdesk
Dole has raised its full-year adjusted EBITDA target for 2024 to at least $370 million, up from the prior view of $360 million.
August 14, 2024 | 10:06 am
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POSITIVE IMPACT
Dole has increased its full-year adjusted EBITDA target for 2024 to at least $370 million, up from the previous target of $360 million. This indicates a positive outlook for the company's financial performance.
The increase in the EBITDA target suggests that Dole is expecting better financial performance than previously anticipated. This is likely to have a positive impact on the stock price in the short term as investors react to the improved outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100