Fresh Del Monte Produce Past Earnings Performance
Past criteria checks 0/6
Fresh Del Monte Produce's earnings have been declining at an average annual rate of -7.9%, while the Food industry saw earnings growing at 33.8% annually. Revenues have been declining at an average rate of 0.2% per year. Fresh Del Monte Produce's return on equity is 0.7%, and it has net margins of 0.4%.
Key information
-7.9%
Earnings growth rate
-7.9%
EPS growth rate
| Food Industry Growth | 9.9% |
| Revenue growth rate | -0.2% |
| Return on equity | 0.7% |
| Net Margin | 0.4% |
| Last Earnings Update | 27 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Fresh Del Monte Produce makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 27 Sep 24 | 4,276 | 15 | 193 | 0 |
| 28 Jun 24 | 4,259 | -18 | 194 | 0 |
| 29 Mar 24 | 4,300 | -24 | 190 | 0 |
| 29 Dec 23 | 4,321 | -11 | 187 | 0 |
| 29 Sep 23 | 4,352 | 113 | 187 | 0 |
| 30 Jun 23 | 4,402 | 138 | 185 | 0 |
| 31 Mar 23 | 4,434 | 112 | 185 | 0 |
| 30 Dec 22 | 4,442 | 99 | 182 | 0 |
| 30 Sep 22 | 4,420 | 69 | 187 | 0 |
| 01 Jul 22 | 4,371 | 37 | 189 | 0 |
| 01 Apr 22 | 4,301 | 63 | 193 | 0 |
| 31 Dec 21 | 4,252 | 80 | 189 | 0 |
| 01 Oct 21 | 4,237 | 92 | 198 | 0 |
| 02 Jul 21 | 4,222 | 108 | 196 | 0 |
| 02 Apr 21 | 4,173 | 79 | 190 | 0 |
| 01 Jan 21 | 4,202 | 49 | 201 | 0 |
| 25 Sep 20 | 4,225 | 23 | 192 | 0 |
| 26 Jun 20 | 4,306 | 23 | 197 | 0 |
| 27 Mar 20 | 4,453 | 43 | 196 | 0 |
| 27 Dec 19 | 4,489 | 67 | 198 | 0 |
| 27 Sep 19 | 4,510 | 58 | 194 | 0 |
| 28 Jun 19 | 4,509 | 19 | 192 | 0 |
| 29 Mar 19 | 4,542 | -27 | 197 | 0 |
| 28 Dec 18 | 4,494 | -22 | 197 | 0 |
| 28 Sep 18 | 4,402 | 6 | 187 | 3 |
| 29 Jun 18 | 4,285 | 39 | 179 | 3 |
| 30 Mar 18 | 4,160 | 116 | 170 | 3 |
| 29 Dec 17 | 4,086 | 121 | 177 | 0 |
| 29 Sep 17 | 4,087 | 139 | 178 | 0 |
| 30 Jun 17 | 4,084 | 163 | 186 | 0 |
| 31 Mar 17 | 4,026 | 190 | 189 | 0 |
| 30 Dec 16 | 4,012 | 225 | 184 | 3 |
| 30 Sep 16 | 4,035 | 140 | 191 | 0 |
| 01 Jul 16 | 4,021 | 133 | 190 | 0 |
| 01 Apr 16 | 4,066 | 102 | 187 | 0 |
| 01 Jan 16 | 4,057 | 62 | 184 | 0 |
| 25 Sep 15 | 4,008 | 135 | 173 | 4 |
| 26 Jun 15 | 3,956 | 127 | 170 | 4 |
| 27 Mar 15 | 3,954 | 126 | 172 | 4 |
| 26 Dec 14 | 3,928 | 142 | 176 | 0 |
| 26 Sep 14 | 3,878 | -1 | 172 | 4 |
| 27 Jun 14 | 3,855 | -15 | 172 | 4 |
| 28 Mar 14 | 3,747 | -17 | 171 | 4 |
| 27 Dec 13 | 3,684 | -34 | 173 | 4 |
Quality Earnings: FDM has a large one-off loss of $103.1M impacting its last 12 months of financial results to 27th September, 2024.
Growing Profit Margin: FDM's current net profit margins (0.4%) are lower than last year (2.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FDM's earnings have declined by 7.9% per year over the past 5 years.
Accelerating Growth: FDM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FDM had negative earnings growth (-86.6%) over the past year, making it difficult to compare to the Food industry average (48.7%).
Return on Equity
High ROE: FDM's Return on Equity (0.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2023/12/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fresh Del Monte Produce Inc. is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brett Hundley | BB&T Capital Markets |
| Diane Geissler | BofA Global Research |
| Edgar Roesch | Cantor Fitzgerald & Co. |