What Happened?
Shares of fresh produce company Fresh Del Monte (NYSE: FDP) jumped 11.8% in the afternoon session after the company reported strong second-quarter 2025 results that surpassed Wall Street's expectations for both revenue and profit. The fresh produce company posted revenue of $1.18 billion, a 4% increase from the prior year, and an adjusted earnings per share (EPS) of $1.23, which was significantly higher than the analyst consensus of $0.95. The positive performance was driven by continued strong demand for its core products, particularly its proprietary pineapple varieties, and growing momentum in its fresh-cut business.
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What Is The Market Telling Us
Fresh Del Monte Produce’s shares are not very volatile and have only had 3 moves greater than 5% over the last year. Moves this big are rare for Fresh Del Monte Produce and indicate this news significantly impacted the market’s perception of the business.
The biggest move we wrote about over the last year was 9 months ago when the stock gained 15.3% on the news that the company reported third-quarter earnings that blew past analysts' EBITDA and EPS expectations. Its revenue and gross margin also outperformed Wall Street's estimates. Zooming out, we think this was a good quarter with some key areas of upside.
Fresh Del Monte Produce is up 23.2% since the beginning of the year, and at $40.55 per share, has set a new 52-week high. Investors who bought $1,000 worth of Fresh Del Monte Produce’s shares 5 years ago would now be looking at an investment worth $1,742.
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