Fresh Del Monte Produce (FDP) early Wednesday reported Q1 adjusted net income of $0.63 per diluted share, up from $0.34 a year earlier.
An analyst polled by FactSet expected $0.68.
Net sales for the quarter ended March 28 was $1.1 billion, down from $1.11 billion a year earlier.
An analyst surveyed by FactSet expected $1.11 billion.
Del Monte shares were down 2.2% in recent Wednesday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.