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Stock impact report

Dole plc Reports Third Quarter 2024 Financial Results

Dole plc Ordinary Shares (DOLE) 
US:NYSE Investor Relations: dole.com/aboutdole
Company Research Source: Business Wire
DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) ("Dole" or the "Group" or the "Company") today released its financial results for the three and nine months ended September 30, 2024.Highlights for the three months ended September 30, 2024:Positive third quarter performance, positioning the Company to deliver a strong full year result for 2024Revenue of $2.1 billion, an increase of 1.0%. On a like-for-like basis1, revenue increased 5.8%Net Income decreased to $21.5 million, primarily due to the benefit of an exceptional $28.8 million gain on sale of a non-core asset recorded in the prior periodAdjusted EBITDA2 of $82.1 million, a decrease of 3.7%. On a like-for-like basis, Adjusted EBITDA increased 2.3%Adjusted Net Income of $18.0 million and Adjusted Diluted EPS of $0.19Increasing full year Adjusted EBITDA guidance by $10.0 million. Targeting Adjusted EBITDA of at least $380.0 million for the full yearFinancial Highlights - Unaudited  Three Months Ended Nine Months Ended  September Show less Read more
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