Del Monte: 2Q Earnings Snapshot

July 31, 2018

CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Tuesday reported a second-quarter loss of $7.9 million, after reporting a profit in the same period a year earlier.

The Coral Gables, Florida-based company said it had a loss of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.

The food producer posted revenue of $1.27 billion in the period.

Del Monte shares have dropped 15 percent since the beginning of the year. The stock has fallen 21 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDP at https://www.zacks.com/ap/FDP

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