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Stock impact report

Some Investors May Be Willing To Look Past Fresh Del Monte Produce's (NYSE:FDP) Soft Earnings [Yahoo! Finance]

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures. View our latest analysis for Fresh Del Monte Produce Importantly, our data indicates that Fresh Del Monte Produce's profit was reduced by US$103m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. In the twelve months to September 2024, Fresh Del Monte Produce had a big unusual items expense. All else being equal, this would likely have the effect of making the statutory profit look worse than its underlying earnings power. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to Show less Read more
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