Fresh Del Monte Produce Inc. (FDP) Earnings
Fresh Del Monte Produce Inc. is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $0.53. FDP has beaten EPS estimates in 6 of its last 12 reported quarters (average surprise +54.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $0.62 | $0.63 | +1.6% | $1.0B | +1.3% |
| Feb 18, 2026 | $0.82 | $0.70 | -14.6% | $1.0B | -3.3% |
| Oct 29, 2025 | $0.28 | $0.69 | +146.4% | $1.0B | +0.9% |
| Jul 30, 2025 | $0.66 | $1.23 | +86.4% | $1.2B | +13.2% |
| Apr 30, 2025 | $0.68 | $0.63 | -7.4% | $1.1B | -5.7% |
| Oct 31, 2024 | $0.48 | $0.77 | +60.4% | $1.0B | -0.1% |
| Aug 1, 2024 | $0.60 | $1.06 | +76.7% | $1.1B | -3.6% |
| May 2, 2024 | $0.61 | $0.34 | -44.3% | $1.1B | -3.8% |
| Feb 26, 2024 | $0.31 | $0.25 | -19.4% | $1.0B | -2.4% |
| Nov 1, 2023 | $0.43 | $0.35 | -18.6% | $1.0B | -6.5% |
| Aug 2, 2023 | $0.59 | $0.96 | +62.7% | $1.2B | -3.0% |
| May 3, 2023 | $0.60 | $0.55 | -8.3% | $1.1B | -2.3% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Closed Del Monte food transaction, bringing brand back under single owner after nearly four decades, with initial contribution from acquired business. • Highlighted impact of Middle East conflict on inputs, energy, fertilizers, packaging, transportation, affecting different business segments differently. • Updated segment reporting to align with internal management reporting, combining Del Monte Foods business with existing prepared foods operations. • Completed divestiture of man packing in December 2025.
Guidance
• Expect net sales on continuing operation basis to increase 13 - 15% year over year, with Del Monte Foods contributing $600 million in net sales in 2026. • Estimate cost pressures from Middle East developments to be ~$40 - 45 million starting in Q2. • Gross margin expectations: Fresh and value-added product segment 11 - 12%, Banana segment 3 - 4%, Prepared food segment 13 - 14%, Other products and services segment 12 - 13%. • SG&A expected 270 - 280 million, CapEx 85 - 95 million, Net cash provided by operating activities 40 - 50 million.
Segment performance
Fresh and value-added products segment: Net sales $549 million, gross profit $60 million, gross margin 10.9%; Banana segment: Net sales $357 million, gross profit $16 million, gross margin 4.6%; Preferred food segment: Net sales $83 million, including $22 million from acquisition, gross profit $9 million, gross margin 10.8%; Other products and services segment: Net sales $56 million, gross profit $4 million, gross margin 6.8%
Risks & headwinds
• Middle East conflict introducing shock across inputs, energy, fertilizers, packaging, transportation, with impact cascading through the system, affecting different business segments differently based on supply chain structures.