AP NEWS

Del Monte: 1Q Earnings Snapshot

April 29, 2020 GMT

CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Wednesday reported first-quarter profit of $13 million.

The Coral Gables, Florida-based company said it had profit of 27 cents per share. Earnings, adjusted for one-time gains and costs, came to 34 cents per share.

The food producer posted revenue of $1.12 billion in the period.

Del Monte shares have climbed slightly since the beginning of the year. The stock has increased 30% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDP at https://www.zacks.com/ap/FDP