Stock Track | Dole plc Soars 10.75% Pre-market on Earnings Beat and Growth Prospects

Stock Track11-19

Dole plc (NYSE: DOLE) shares surged 10.75% in pre-market trading on Tuesday, following the company's strong third-quarter earnings results and positive outlook for growth.

The fresh produce company reported a 5.8% increase in revenue on a like-for-like basis, driven by strong performance in its diversified Americas segment, particularly in North American operations. Adjusted EBITDA of $82 million was 2.3% higher than the prior year on a like-for-like basis, in line with market expectations.

Dole plc also announced plans to expand its shipping fleet by acquiring two vessels in early 2025, enhancing operational flexibility and supporting growth in key markets like avocado exports from Colombia. Additionally, the company reduced its leverage to 1.86 times and decreased its absolute debt levels by $36 million, strengthening its financial position.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1105005773?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-19 17:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105005773","market":"hk","top_or_hot":-1,"title":"Stock Track | Dole plc Soars 10.75% Pre-market on Earnings Beat and Growth Prospects","media":"Stock Track","content":"<p>Dole plc (NYSE: DOLE) shares surged 10.75% in pre-market trading on Tuesday, following the company's strong third-quarter earnings results and positive outlook for growth.</p>\n\n<p>The fresh produce company reported a 5.8% increase in revenue on a like-for-like basis, driven by strong performance in its diversified Americas segment, particularly in North American operations. Adjusted EBITDA of $82 million was 2.3% higher than the prior year on a like-for-like basis, in line with market expectations.</p>\n\n<p>Dole plc also announced plans to expand its shipping fleet by acquiring two vessels in early 2025, enhancing operational flexibility and supporting growth in key markets like avocado exports from Colombia. Additionally, the company reduced its leverage to 1.86 times and decreased its absolute debt levels by $36 million, strengthening its financial position.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Dole plc Soars 10.75% Pre-market on Earnings Beat and Growth Prospects</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Dole plc Soars 10.75% Pre-market on Earnings Beat and Growth Prospects\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-19 17:28 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dole plc (NYSE: DOLE) shares surged 10.75% in pre-market trading on Tuesday, following the company's strong third-quarter earnings results and positive outlook for growth.\nThe fresh produce company ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DOLE","symbol_name":"都乐食品","start_time":0,"source_url":"","article_id":"1105005773","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105005773","pubTimestamp":1732008498,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Dole plc  shares surged 10.75% in pre-market trading on Tuesday, following the company's strong third-quarter earnings results and positive outlook for growth.The fresh produce company reported a 5.8% increase in revenue on a like-for-like basis, driven by strong performance in its diversified Americas segment, particularly in North American operations. Adjusted EBITDA of $82 million was 2.3% higher than the prior year on a like-for-like basis, in line with market expectations.Dole plc also anno","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DOLE":"都乐食品"},"translate_title":"由于盈利超出预期和增长前景，Dole plc盘前飙升10.75%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOLE":1},"content_text":"Dole plc (NYSE: DOLE) shares surged 10.75% in pre-market trading on Tuesday, following the company's strong third-quarter earnings results and positive outlook for growth.\nThe fresh produce company reported a 5.8% increase in revenue on a like-for-like basis, driven by strong performance in its diversified Americas segment, particularly in North American operations. Adjusted EBITDA of $82 million was 2.3% higher than the prior year on a like-for-like basis, in line with market expectations.\nDole plc also announced plans to expand its shipping fleet by acquiring two vessels in early 2025, enhancing operational flexibility and supporting growth in key markets like avocado exports from Colombia. Additionally, the company reduced its leverage to 1.86 times and decreased its absolute debt levels by $36 million, strengthening its financial position.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105005773"}