Fresh Del Monte beats by $0.04, misses on revs (limited analyst coverage)
Reports Q2 (Jun) comparable earnings of $1.20 per share, $0.04 better than the Capital IQ Consensus Estimate of $1.16; revenues rose 0.2% year/year to $1.13 bln vs the $1.15 bln consensus.
- Bananas: Net sales for the second quarter increased 2% to $513.8 million, compared with $505.1 million in the second quarter of 2014, primarily driven by higher sales volume in the Company's North America and Asia regions, along with higher selling prices in the Company's Middle East region.