Dole (DOLE) has released an update.
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Dole plc reported a modest revenue increase of 1.0% to $2.1 billion for the third quarter of 2024, with a 5.8% rise on a like-for-like basis. Despite a decline in net income to $21.5 million due to the absence of a prior exceptional gain, the company raised its full-year Adjusted EBITDA target by $10 million, reflecting positive operational performance. Investors may find interest in the firm’s strategic adjustment and steady growth in Adjusted EBITDA, signaling a strong outlook for the year.
For further insights into DOLE stock, check out TipRanks’ Stock Analysis page.
