Dole reports Q3 adjusted EPS 24c, consensus 11c

Reports Q3 revenue $2B, consensus $2.18B. Commenting on the results, Carl McCann, Executive Chairman, said: “We are very pleased that our momentum from the first half of the year has continued into the third quarter. We delivered another strong set of results, with Revenue growth of 4.2% and Adjusted EBITDA growth of 7.6%. As we move towards the end of the financial year, our strong result for the first nine months positions us to deliver a good result for the year and we are now targeting Adjusted EBITDA for 2023 of at least $365.0 million. Once again, we would like to extend our appreciation to all of our people across the Group for their dedication and efforts in delivering these results.”