Fresh Del Monte Produce (FDP) reported first quarter net income of $0.71 per share Tuesday morning, down from $1.08 per share last year. The consensus estimate was for EPS of $0.95.
Fresh Del Monte Produce gapped open lower Tuesday and declined until mid-morning. Shares finished down by 2.18 at $25.41, with volume at an 8-month high. The stock dropped to a 5-month low and fell below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.