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Stock impact report

Fresh Del Monte Produce Inc. Reports First Quarter 2020 Financial Results

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: Business Wire
CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the first quarter ended March 27, 2020. The Company reported earnings per diluted share of $0.27 for the first quarter of 2020, compared with earnings per diluted share of $0.74 in the first quarter of 2019. Adjusted earnings per diluted share were $0.34 in the first quarter of 2020, compared with adjusted earnings per diluted share of $0.46 in the first quarter of 2019.The Company's Board of Directors declared an interim cash dividend of five cents ($0.05) per share, payable on June 5, 2020 to shareholders of record on May 13, 2020. This is a decrease of five cents ($0.05) per share from the interim cash dividend of ten cents ($0.10) paid to shareholders on March 27, 2020.“We were challenged across our global operations during the first quarter of 2020 as we navigated through the headwinds created by the COVID-19 pandemic,” said Show less Read more
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