Fresh Del Monte Produce (NYSE:FDP) Releases Earnings Results, Beats Estimates By $0.01 EPS

06 May 2026, 09:50 by Scott Moore · The Cerbat Gem

Fresh Del Monte Produce (NYSE:FDP – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01, FiscalAI reports. Fresh Del Monte Produce had a net margin of 2.10% and a return on equity of 7.63%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the firm posted $0.63 EPS. The company’s revenue was down 4.9% on a year-over-year basis.

Here are the key takeaways from Fresh Del Monte Produce’s conference call:

The company closed the Del Monte Foods acquisition for a total cash consideration of $308 million, expects it to add about $600 million of net sales and roughly $23 million of Adjusted EBITDA in 2026, and plans to scale and integrate the brand to expand its perimeter and center-store presence.
Management warned of meaningful cost pressure from the Middle East conflict—higher energy, fertilizer, packaging, ocean freight and inland transport—that they estimate will hit results by roughly $40–45 million starting in Q2, plus an additional $20–25 million of FX and domestic logistics headwinds through the year.
2026 guidance reflects continuing-operations net sales growth of 13–15% (including nine months of Del Monte Foods) but lower segment margins (Fresh ~11–12%, Bananas ~3–4%, Prepared Foods ~13–14%), higher SG&A ($270–280 million), capex of $85–95 million, and reduced full‑year operating cash flow of $40–50 million due to branded CPG working capital seasonality.
The company maintained shareholder returns while integrating the acquisition—declaring a quarterly dividend of $0.30 per share and repurchasing 100,000 shares for $4 million—while reporting adjusted EBITDA of $58 million for Q1.

Fresh Del Monte Produce Trading Down 0.0%

NYSE FDP opened at $37.75 on Wednesday. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 20.08 and a beta of 0.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.06 and a current ratio of 2.16. Fresh Del Monte Produce has a one year low of $31.43 and a one year high of $43.58. The company’s 50 day moving average price is $41.64 and its 200 day moving average price is $38.60.

Fresh Del Monte Produce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Tuesday, May 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, May 19th. Fresh Del Monte Produce’s dividend payout ratio is 63.83%.

Wall Street Analyst Weigh In

FDP has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Fresh Del Monte Produce from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Weiss Ratings upgraded Fresh Del Monte Produce from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on FDP

Insider Activity at Fresh Del Monte Produce

In other Fresh Del Monte Produce news, SVP Danny Dumas sold 818 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $42.28, for a total value of $34,585.04. Following the transaction, the senior vice president directly owned 2,560 shares of the company’s stock, valued at $108,236.80. This trade represents a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Effie D. Silva sold 5,894 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $41.94, for a total value of $247,194.36. Following the transaction, the senior vice president owned 8,536 shares in the company, valued at approximately $357,999.84. This represents a 40.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,151 shares of company stock valued at $1,391,225 over the last quarter. Company insiders own 30.60% of the company’s stock.

Institutional Investors Weigh In On Fresh Del Monte Produce

Several hedge funds have recently modified their holdings of FDP. EverSource Wealth Advisors LLC grew its position in Fresh Del Monte Produce by 390.8% in the second quarter. EverSource Wealth Advisors LLC now owns 962 shares of the company’s stock valued at $31,000 after acquiring an additional 766 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Fresh Del Monte Produce by 1,488.5% during the third quarter. Larson Financial Group LLC now owns 969 shares of the company’s stock worth $34,000 after purchasing an additional 908 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Fresh Del Monte Produce by 238.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,065 shares of the company’s stock valued at $35,000 after purchasing an additional 750 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Fresh Del Monte Produce during the 4th quarter valued at $61,000. Finally, Sunbelt Securities Inc. acquired a new stake in Fresh Del Monte Produce during the 3rd quarter valued at $77,000. 64.83% of the stock is currently owned by hedge funds and other institutional investors.

More Fresh Del Monte Produce News

Here are the key news stories impacting Fresh Del Monte Produce this week:

Positive Sentiment: Q1 beat on the headline numbers: Fresh Del Monte reported $0.63 EPS (vs. $0.62 consensus) and $1.04B revenue (slightly above estimates). The results show resiliency in top-line and earnings vs. expectations. Read More.
Neutral Sentiment: Management announced a portfolio realignment and described operating conditions as “complex” — actions that could improve long-term efficiency but may weigh on near-term margins and require execution. Read More.
Neutral Sentiment: Investor comparisons and sector context are circulating (e.g., peers and smaller agro names), which may amplify volatility but are not direct drivers of fundamentals. Read More.
Negative Sentiment: Margin squeeze flagged on the earnings call: analysts and the transcript emphasize cost and margin pressure despite sales gains, raising concerns about profit trajectory and investor patience. Read More.
Negative Sentiment: Revenue was down ~4.9% year-over-year and net margin remains thin (reported ~2.1%), which supports the cautious market reaction despite the slight beat. Read More.
Negative Sentiment: Market reaction and technical setup: headlines of an earnings “miss” in some outlets and the stock trading below its 50-day moving average have intensified selling. See the call transcript for management tone and detail. Read More.

Fresh Del Monte Produce Company Profile

(Get Free Report)

Fresh Del Monte Produce Inc is a leading producer, marketer and distributor of fresh and fresh-cut fruits and vegetables worldwide. The company offers a wide range of products including bananas, pineapples, melons, grapes and avocados, along with value-added items such as fruit salads, vegetable trays and snack packs under the Del Monte® brand.

Founded in 1989 as a spin-off from Del Monte, Fresh Del Monte has developed a global supply chain that spans production farms, ripening facilities and packaging centers across Latin America, North America, Europe, Asia and Africa.