Dole Q4 Results Top Estimates; Declares Dividend

RTTNews | Pred 904 dňami
Dole Q4 Results Top Estimates; Declares Dividend

(RTTNews) - Fresh produce supplier Dole plc (DOLE) reported Tuesday net income attributable to Dole for the fourth quarter of $6.8 million or $0.07 per share, compared to a net loss of $29.3 million or $0.31 per share in the prior-year quarter. Excluding items, adjusted income was $0.09 per share, compared to $0.00 per share in the year-ago quarter.

Revenue for the quarter increased 4.7 percent to $2.36 billion from $2.25 billion in the same quarter last year. On a like-for-like basis, revenue increased 10.2 percent.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.05 per share on revenues of $2.26 billion for the quarter. Analysts' estimates typically exclude special items.

On Monday, the Board of Directors of Dole plc declared a cash dividend for the fourth quarter of 2022 of $0.08 per share, payable on April 21, 2023 to shareholders of record on March 31, 2023.

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Dole Q2 Adj. EPS Tops Estimates, But Revenues Miss; Slashes FY22 Outlook

Dole Q2 Adj. EPS Tops Estimates, But Revenues Miss; Slashes FY22 Outlook

Fresh produce supplier Dole plc (DOLE) reported Tuesday that net income attributable to Dole for the second quarter surged to $41.3 million or $0.43 per share from $29.2 million or $0.52 per share in the prior-year quarter. Excluding items, adjusted income was $0.44 per share, compared to $0.74 per share in the year-ago quarter.
RTTNews | Pred 1100 dňami
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | Pred 6 minútami
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | Pred 48 minútami
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | Pred 56 minútami
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | Pred 1 h 5 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | Pred 1 h 13 min
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | Pred 1 h 35 min