U.S. markets closed
  • S&P 500

    3,310.11
    +39.08 (+1.19%)
     
  • Dow 30

    26,659.11
    +139.16 (+0.52%)
     
  • Nasdaq

    11,185.59
    +180.72 (+1.64%)
     
  • Russell 2000

    1,561.58
    +18.30 (+1.19%)
     
  • Crude Oil

    36.10
    -1.29 (-3.45%)
     
  • Gold

    1,867.50
    -11.70 (-0.62%)
     
  • Silver

    23.31
    -0.05 (-0.23%)
     
  • EUR/USD

    1.1686
    -0.0063 (-0.54%)
     
  • 10-Yr Bond

    0.8350
    +0.0540 (+6.91%)
     
  • GBP/USD

    1.2922
    -0.0065 (-0.50%)
     
  • USD/JPY

    104.6000
    +0.2990 (+0.29%)
     
  • BTC-USD

    13,470.06
    -72.86 (-0.54%)
     
  • CMC Crypto 200

    264.77
    +22.09 (+9.10%)
     
  • FTSE 100

    5,581.75
    -1.05 (-0.02%)
     
  • Nikkei 225

    23,331.94
    -86.57 (-0.37%)
     

Del Monte: 4Q Earnings Snapshot

CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Tuesday reported a loss of $34 million in its fourth quarter.

The Coral Gables, Florida-based company said it had a loss of 70 cents per share. Losses, adjusted for one-time gains and costs, were 43 cents per share.

The food producer posted revenue of $1.05 billion in the period.

For the year, the company reported a loss of $21.9 million, or 45 cents per share, swinging to a loss in the period. Revenue was reported as $4.49 billion.

Del Monte shares have risen 25 percent since the beginning of the year. The stock has fallen 24 percent 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