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Dole Plc Profit Declines In Q3

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Dole plc (DOLE) announced earnings for third quarter that Drops, from last year

The company's earnings came in at $5.1 million, or $0.05 per share. This compares with $14.4 million, or $0.15 per share, last year.

Excluding items, Dole plc reported adjusted earnings of $15 million or $0.16 per share for the period.

The company's revenue for the period rose 10.5% to $2.279 billion from $2.062 billion last year.

Dole plc earnings at a glance (GAAP) :

-Earnings: $5.1 Mln. vs. $14.4 Mln. last year.
-EPS: $0.05 vs. $0.15 last year.
-Revenue: $2.279 Bln vs. $2.062 Bln last year.

Looking ahead, for the full year, the company said: “The momentum within our overall business gives us confidence that our full year Adjusted EBITDA should be at the upper end of our targeted range of $380 million to $390 million.”

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