Dole (NYSE:DOLE) Issues Earnings Results, Misses Estimates By $0.03 EPS

Posted by on May 11th, 2026

Dole (NYSE:DOLE – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03), Briefing.com reports. Dole had a return on equity of 7.81% and a net margin of 0.56%.The company’s revenue was up 11.6% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS.

Here are the key takeaways from Dole’s conference call:

  • Solid Q1 performance with revenue up 12% year‑over‑year and adjusted EBITDA of $100M in line with expectations, driven by strong consumer demand and favorable FX.
  • Management reiterates a full‑year target of at least $400M adjusted EBITDA, expecting Q3–Q4 to benefit from bunker surcharge lags, dynamic pricing in diversified divisions, and contract price adjustments.
  • Fresh Fruit profitability was pressured by elevated fruit sourcing costs, the appreciating Costa Rican colón and higher input/fuel costs (expected to peak in Q2), causing a year‑over‑year decline in adjusted EBITDA for the segment.
  • Diversified Americas outperformed with adjusted EBITDA up 29%, helped by a strong Chilean cherry season, higher export volumes and synergies from the Oppy/DDNA integration.
  • Capital allocation plans include routine CapEx of ~$100M, opportunistic share buybacks, a planned ~$100M automation/development investment targeting ~12–15% returns, and expected ~$75M net proceeds from the sale of the Guayaquil port.

Dole Stock Down 0.0%

Shares of DOLE opened at $14.88 on Monday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 1.26 and a beta of 0.67. Dole has a 52 week low of $12.52 and a 52 week high of $16.57. The stock’s 50-day moving average price is $14.90 and its 200-day moving average price is $14.76. The company has a quick ratio of 0.83, a current ratio of 1.17 and a debt-to-equity ratio of 0.54.

Dole Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, March 18th. Dole’s payout ratio is 64.15%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DOLE. Wall Street Zen downgraded Dole from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings lowered shares of Dole from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $15.00 price objective (down from $18.00) on shares of Dole in a research note on Monday, March 30th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Dole has an average rating of “Hold” and an average price target of $15.50.

Check Out Our Latest Stock Report on DOLE

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. AQR Capital Management LLC grew its stake in shares of Dole by 28.5% during the 1st quarter. AQR Capital Management LLC now owns 48,685 shares of the company’s stock worth $703,000 after purchasing an additional 10,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Dole by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,593 shares of the company’s stock worth $644,000 after buying an additional 1,879 shares in the last quarter. Millennium Management LLC purchased a new stake in Dole during the first quarter worth $6,749,000. Jane Street Group LLC grew its position in Dole by 87.6% during the first quarter. Jane Street Group LLC now owns 213,786 shares of the company’s stock valued at $3,089,000 after buying an additional 99,842 shares during the period. Finally, Legal & General Group Plc increased its holdings in Dole by 96.4% in the second quarter. Legal & General Group Plc now owns 22,106 shares of the company’s stock valued at $309,000 after buying an additional 10,849 shares in the last quarter.

About Dole

(Get Free Report)

Dole plc is a global producer, marketer and distributor of fresh fruits and vegetables. The company’s product range includes bananas, pineapples, berries, grapes, salads and a variety of other fresh and packaged produce, sold under the Dole brand and through private-label arrangements. Dole’s operations span the full fresh-produce value chain, from farming and sourcing to packing, ripening, cold‑chain logistics and wholesale and retail distribution, supporting both retail grocery and foodservice customers.

The company traces its commercial heritage to the early 20th century Hawaiian pineapple business founded by James Dole and has evolved through subsequent corporate restructurings and combinations.

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Earnings History for Dole (NYSE:DOLE)

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