Investing.com - Fresh Del Monte Produce reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fresh Del Monte Produce announced earnings per share of $0.54 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $1.03B.
Fresh Del Monte Produce shares are down 53% from the beginning of the year and are trading at $26.00 , down-from-52-week-high.
Fresh Del Monte Produce follows other major Consumer Staples sector earnings this month
Fresh Del Monte Produce's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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