Dole (DOLE) reported Q1 adjusted earnings Monday of $0.35 per diluted share, down from $0.43 a year earlier.
Analysts polled by FactSet expected $0.38.
Revenue for the quarter ended March 31 was $2.10 billion, down from $2.12 billion a year earlier.
Analysts surveyed by FactSet expected $2.05 billion.
The fruit and food company also raised its quarterly dividend to $0.085 per share from $0.08 in the previous quarter. The latest dividend will be paid July 7 to shareholders of record on June 9.
Shares of the company fell more than 4% in recent premarket activity. Monday.
Price: 14.14, Change: -0.62, Percent Change: -4.20
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