Dole plc (DOLE) Misses Q1 EPS by 5c, Offers Guidance

Dole plc (NYSE: DOLE) reported Q1 EPS of $0.30, $0.05 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.32 billion.

GUIDANCE:

Dole plc sees FY2022 revenue of $9.4-9.7 billion, versus the consensus of $9.7 billion.

• Revenue in the range of $9.4 billion to $9.7 billion
• Adjusted EBITDA in the range of $350.0 million to $370.0 million
• Capital Expenditures of approximately $125.0 million
• Net Interest Expense of approximately $45.0 million
• Adjusted Effective tax rate in the range of 23.0% to 27.0%

For earnings history and earnings-related data on Dole plc (DOLE) click here.

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