Fresh Del Monte beats by $0.28, reports revs in-line
- Reports Q3 (Sep) earnings of $0.57 per share, excluding non-recurring items, $0.28 better than the single analyst estimate of $0.29; revenues rose 5.8% year/year to $936.1 mln vs the $927.4 mln single analyst estimate.
- "We are very pleased with our financial performance in the third quarter. We saw excellent growth in our fresh-cut and avocado businesses. We hold a commanding position as the global leader in the fresh-cut space, and avocados are becoming one of our fastest growing categories. We look to aggressively capitalize on our position as a leader in avocados to meet growing customer demand..."