Dole Q4 Results Top Estimates; Declares Dividend

RTTNews | vor 675 Tagen
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.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
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 | vor 871 Tagen
DAX Roughly Flat In Cautious Trade

DAX Roughly Flat In Cautious Trade

German stocks are up marginally in cautious trade Friday morning as investors await U.S. non-farm payroll for some clarity about the outlook on Federal Reserve's possible moves with regard to interest rates. The mood is quite subdued amid a lack of fresh economic and corporate news, and due to the yields on Germany's long-term 10-year bond hitting muti-month highs.
RTTNews | vor 5Std 7 Minuten
European Shares Mixed Ahead Of US Jobs Data

European Shares Mixed Ahead Of US Jobs Data

European stocks struggled for direction on Friday as bond yields remained elevated ahead of the all-important U.S. jobs report due later in the day.
RTTNews | vor 5Std 14 Minuten
Asian Shares Retreat On China Concerns

Asian Shares Retreat On China Concerns

Asian stocks retreated on Friday as the U.S. jobs report loomed, China growth worries persisted, and traders remained on alert for a rising risk of Japanese authorities intervening to support the yen.
RTTNews | vor 5Std 41 Minuten
Yen Falls As Traders Doubt On BoJ Rate Hike

Yen Falls As Traders Doubt On BoJ Rate Hike

The Japanese yen weakened against major currencies in the Asian session on Friday, as investors continued to have doubts about whether the Bank of Japan (BoJ) would likely raise interest rates once more.
RTTNews | vor 6Std 33 Minuten
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against major currencies in the Asian session on Friday.
RTTNews | vor 6Std 53 Minuten
Macy's To Close 66 Stores Under 'Bold New Chapter' Strategy

Macy's To Close 66 Stores Under 'Bold New Chapter' Strategy

Department store chain Macy's Inc. is closing 66 Macy's non-go-forward store locations in 2025, as part of its strategic plan, called "A Bold New Chapter", aiming to return to sustainable, profitable sales growth. The move comes after the Omni-channel fashion retailer, which owns Macy's, Bloomingdale's and Bluemercury brands, slashed its fiscal 2024 adjusted earnings guidance in early December.
RTTNews | vor 7Std 17 Minuten
European Economic News Preview: France Industrial Output, Consumer Spending Due

European Economic News Preview: France Industrial Output, Consumer Spending Due

Industrial production and consumer spending from France and retail sales from Italy are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for December. The jobless rate is forecast to rise to 2.7 percent from 2.6 percent in the previous month.
RTTNews | vor 7Std 45 Minuten