Fresh Del Monte Produce (FDP) reported a fourth quarter adjusted loss of $0.15 Tuesday morning, compared to the profit of $0.07 last year. The consensus estimate was for EPS of $0.15.
Fresh Del Monte Produce sharply declined during the first half hour of trade Tuesday and closed down by 2.01 at $22.97 on the highest volume of the year. The stock sank to over a 4 1/2 month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.