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Dole (DOLE)
NYSE:DOLE
Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.43Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 3.22%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Positive
Dole plc achieved a strong financial performance in 2024, with significant growth in key segments and effective debt reduction. However, challenges such as the impact of Tropical Storm Sara, higher shipping costs, and a non-cash write-down in the Vegetables division present headwinds for 2025.Company Guidance
In the recent earnings call, Dole plc provided guidance for the fiscal year 2025, projecting adjusted EBITDA to be in the range of $370 million to $380 million. This comes after a robust performance in 2024 where the company exceeded its expectations with an adjusted EBITDA of $392 million, a 6.7% increase from the previous year. The company emphasized its strong cash generation, which led to a reduction in net debt by over $180 million, ending the year at $637 million with a net leverage of 1.6 times. Dole also highlighted a 6.7% increase in group revenue, reaching $8.5 billion, driven by strong performances in its Diversified Fresh Produce Americas and Fresh Fruit segments. Despite facing headwinds such as higher shipping costs and the impact of Tropical Storm Sara, the company remains optimistic, focusing on strategic capital allocation and potential growth opportunities in 2025.Record Financial Performance
Dole plc exceeded their adjusted EBITDA guidance by $12 million, with Group revenue and adjusted EBITDA increasing by 6.7% to $8.5 billion and $392 million respectively.
Debt Reduction and Cash Generation
Dole reduced net debt by over $180 million and ended 2024 with a net leverage of 1.6 times, indicating strong cash generation.
Fresh Fruit Segment Growth
The Fresh Fruit segment delivered an adjusted EBITDA of $214.8 million, an increase of $5.9 million compared to 2023, driven by volume growth in bananas and plantains.
Strong Performance in Diversified Fresh Produce Americas
This segment delivered a $22.3 million increase in adjusted EBITDA for the full year, driven by strong export performance and growth in key categories like avocados.
Positive Cash Flow from Vegetables Business
The Vegetables business concluded an encouraging turnaround, delivering positive cash flow on a full-year basis.
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DOLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DOLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $13.97 | $14.61 | +4.58% |
| Nov 13, 2024 | $16.60 | $14.82 | -10.72% |
| Aug 14, 2024 | $14.32 | $14.55 | +1.61% |
| May 15, 2024 | $11.98 | $12.44 | +3.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dole (DOLE) report earnings?
Dole (DOLE) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is Dole (DOLE) earnings time?
Dole (DOLE) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DOLE EPS forecast?
DOLE EPS forecast for the fiscal quarter 2025 (Q1) is 0.39.
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