Fresh Del Monte Produce beats Q2 EPS estimates but misses on revenue

Earnings
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Summary · why it matters

Fresh Del Monte Produce reported second-quarter non-GAAP earnings per share of $0.72, beating analyst expectations by $0.19. Revenue came in at $1.22 billion, a 3.4% increase year-over-year, but fell short of estimates by $80 million.

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Consumer Staples · 2 stocks