Shares of Fresh Del Monte Produce (NYSE:FDP) were flat in pre-market trading after the company reported Q1 results.
Earnings per share decreased 29.17% over the past year to $0.34, which missed the estimate of $0.53.
Revenue of $1,118,000,000 less by 3.12% year over year, which missed the estimate of $1,170,000,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Apr 29, 2020
Time: 08:03 PM ET
Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestorrelations.freshdelmonte.com%2Foverview%2Fdefault.aspx&eventid=2158389&sessionid=1&key=64BAB0A89FB7E1F60A481D8E5393B7A3®Tag=&sourcepage=register
Company's 52-week high was at $38.79
52-week low: $22.98
Price action over last quarter: Up 15.71%
Fresh Del Monte Produce Inc produces, markets, and distributes fresh fruit and vegetables internationally. Additionally, it prepares and distributes juices, beverages, and snacks. The products are shipped to retail stores, foodservice operators, wholesalers, and other distributors. The company owns a trucking company and uses asset-based carriers to deliver by land, and utilizes its fleet of ships mixed with chartered refrigerated vessels to deliver by sea. Fresh Del Monte Produce incorporates a worldwide salesforce to conduct selling and marketing, and has strategically constructed distribution centers around the world to deliver its products. It operates in three segments: Fresh and value-added products; Bananas: and Other products and services.
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