Dole plc (DOLE) Tops Q2 EPS by 6c ; Provides Outlook

Dole plc (NYSE: DOLE) reported Q2 EPS of $0.49, $0.06 better than the analyst estimate of $0.43. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.1 billion.

Outlook for Fiscal Year 2024 (forward-looking statement)

We are very pleased that we have consolidated our strong start to the year with another very good performance in the second quarter, putting us in an excellent position to deliver a strong result for the full year.

While forecasting remains complex, our first half result gives us confidence to raise our full year Adjusted EBITDA target to at least $370.0 million for 2024.

For financial year 2024, we are maintaining our previously issued guidance for both capital expenditure from continuing operations and interest expense.

For earnings history and earnings-related data on Dole plc (DOLE) click here.

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