Dole PLC (NYSE:DOLE) Surpasses Q2 Expectations as Shares Climb on Robust Earnings and Revenue Growth

Dole plc (NYSE:DOLE) Beats Q2 Estimates, Shares Rise on Strong Performance

Dole plc reported second-quarter 2025 financial results that exceeded analyst expectations, driving a positive market reaction. The fresh produce company posted revenue of $2.43 billion, up 14.3% year-over-year and surpassing the consensus estimate of $2.26 billion. Adjusted earnings per share (EPS) came in at $0.55, beating forecasts of $0.52 by 5.8%.

Key Financial Highlights

• Revenue Growth: Sales increased to $2.43 billion, up 12.1% on a like-for-like basis (excluding currency fluctuations and acquisitions).
• Adjusted EBITDA: Rose 9.3% to $137.1 million, reflecting operational strength across all segments.
• Net Income Decline: Net income fell to $18.0 million, primarily due to a $35.0 million loss in the discontinued Fresh Vegetables division.
• Adjusted Net Income: Increased 13.0% to $53.2 million, supported by lower interest expenses and improved segment performance.

Market Reaction

Following the earnings release, Dole’s stock saw a pre-market gain of 3.2%, indicating investor optimism. Over the past month, shares have risen 3.8%, reflecting confidence in the company’s growth trajectory.

Segment Performance

• Fresh Fruit: Revenue grew 14.2%, driven by higher banana and pineapple volumes. Adjusted EBITDA rose 3.0%.
• Diversified Fresh Produce – EMEA: Revenue surged 16.5%, with strong performance in the UK, Spain, and the Netherlands. Adjusted EBITDA increased 14.7%.
• Diversified Fresh Produce – Americas & ROW: Revenue climbed 8.5%, supported by North American demand and South American apple exports. Adjusted EBITDA jumped 27.0%.

Strategic Developments

Dole completed the sale of its Fresh Vegetables division to Arable Capital Partners for $140 million post-quarter, allowing the company to focus on core operations. The firm also refinanced its credit facilities, securing $1.2 billion in new commitments to strengthen liquidity.

Outlook vs. Analyst Estimates

Management raised its full-year guidance, now expecting Adjusted EBITDA between $380 million and $390 million, up from prior projections. Analysts estimate full-year 2025 revenue at $8.80 billion and EPS at $1.32, suggesting continued confidence in execution.

For Q3 2025, analysts forecast revenue of $2.17 billion and EPS of $0.25, which Dole could surpass if current trends persist.

Conclusion

Dole’s Q2 results demonstrate resilience in its core segments despite challenges in discontinued operations. The upward revision in guidance and strong operational performance justify the market’s positive reaction.

For detailed earnings estimates and historical performance, visit Dole’s earnings page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.