Dole Q1 Revenue Rises 11.6% to $2.34B Despite EPS Miss
Dole plc reported Q1 2026 earnings per share of $0.33, missing the $0.36 consensus, while revenue climbed 11.6% year-over-year to $2.34 billion, topping estimates. The company posted Adjusted EBITDA of $100.3 million and reaffirmed its 2026 target of at least $400 million, with a current ratio of 1.25.
1. Q1 Earnings and Missed Estimates
Dole reported earnings per share of $0.33 in Q1 2026, below the $0.36 analyst consensus and down from $0.35 a year earlier, reflecting ongoing margin pressures in its fresh fruit operations.
2. Strong Revenue Performance
The company generated $2.34 billion in revenue, an 11.6% increase year-over-year, driven by robust consumer demand tied to health and wellness trends and GLP-1 adoption, overcoming some operational cost headwinds.
3. Outlook and Liquidity
Dole achieved Adjusted EBITDA of $100.3 million, in line with guidance, reaffirmed its full-year EBITDA target of at least $400 million, and maintained a current ratio of 1.25, underscoring its liquidity position.