Fresh Del Monte Produce SVP sells 10,000 shares of stock
Shares of Fresh Del Monte Produce traded up 1.69% on Monday, hitting $31.32. 82,528 shares of the company’s stock traded hands. Fresh Del Monte Produce has a 52-week low of $24.00 and a 52-week high of $31.81. The stock has a 50-day moving average of $30.43 and a 200-day moving average of $28.51. The company’s market cap is $1.738 billion.
Fresh Del Monte Produce last released its earnings data on Tuesday, July 29th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.20. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. On average, analysts predict that Fresh Del Monte Produce will post $2.43 earnings per share for the current fiscal year.
The company also recently announced a special dividend, which is scheduled for Friday, September 5th. Stockholders of record on Wednesday, August 13th will be paid a dividend of $0.125 per share. This represents a dividend yield of 1.67%. The ex-dividend date is Monday, August 11th.
Source: intercooleronline.com
