U.S. Markets open in 2 hrs 40 mins

Del Monte: 1Q Earnings Snapshot

CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Tuesday reported first-quarter earnings of $36.1 million.

The Coral Gables, Florida-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring gains, came to 48 cents per share.

The food producer posted revenue of $1.15 billion in the period.

Del Monte shares have risen nearly 1% since the beginning of the year. The stock has decreased 43% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDP at https://www.zacks.com/ap/FDP