Dole Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Dole (NYSE:DOLE) Full Year 2024 Results

Key Financial Results

• Revenue: US$8.48b (up 2.8% from FY 2023).
• Net income: US$154.4m (up 5.8% from FY 2023).
• Profit margin: 1.8% (in line with FY 2023).
• EPS: US$1.63 (up from US$1.54 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dole Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 10%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 2.2% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are up 8.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Dole (1 makes us a bit uncomfortable!) that you should be aware of.

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