Fresh Del Monte Produce Inc. said Wednesday it had net income of $18.3 million, or 38 cents a share, for the fourth quarter, after a loss of $11.2 million,...
Fresh Del Monte Produce Inc. FDP said Wednesday it had net income of $18.3 million, or 38 cents a share, for the fourth quarter, after a loss of $11.2 million, or 24 cents a share, in the year-earlier period. Adjusted per-share earnings came to 45 cents, well ahead of the FactSet consensus for a loss of 4 cents. Sales edged down to $1.040 billion from $1.018 billion a year ago, but also beat the $1.034 billion FactSet consensus.
Adjusted per-share earnings came to 45 cents, well ahead of the FactSet consensus for a loss of 4 cents. Sales edged down to $1.040 billion from $1.018 billion a year ago, but also beat the $1.034 billion FactSet consensus. Chief Executive Mohammad Abu-Ghazaleh said the company closed out the year in a stronger position than 2021.
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