Dole PLC (NYSE:DOLE) Reports Mixed Q3 2025 Results with Revenue Beat and EPS Miss

Earnings Overview

Dole PLC (NYSE:DOLE) has reported its financial results for the third quarter of 2025, presenting a mixed performance relative to analyst expectations. The company posted a top-line revenue beat but fell short on the bottom line, leading to a notable pre-market stock price reaction.

Revenue and Earnings vs. Estimates

The company's performance against Wall Street forecasts reveals a clear divergence between sales and profitability for the quarter.

• Revenue: Dole reported Q3 2025 revenue of $2.28 billion. This figure surpassed the analyst consensus estimate of $2.19 billion.
• Earnings Per Share (EPS): The company reported an Adjusted EPS of $0.16 for the quarter. This came in below the analyst estimate of $0.1768.

The revenue beat was primarily driven by strong operational performance across all segments and a favorable impact from foreign currency translation. However, this was not enough to fully offset pressures on earnings, including an anticipated temporary decline in the Fresh Fruit segment and higher fruit sourcing costs.

Market Reaction

The market's immediate response to the earnings report appears to be positive, likely focusing on the revenue outperformance and a confident full-year outlook. At the time of writing, the stock is showing a significant pre-market gain of over 3%. This positive momentum also builds on modest gains observed over the past month.

Key Financial and Operational Highlights

Beyond the headline numbers, Dole's quarterly report highlighted several important developments that shape its current financial standing and strategic direction.

• Adjusted EBITDA: The figure for the quarter was $80.8 million, a slight decrease from $82.1 million in the prior year period. This was attributed to the decline in the Fresh Fruit segment, which was partially offset by strong performances in the Diversified Fresh Produce - EMEA and Americas & ROW segments.
• Balance Sheet and Capital Allocation: The company made significant progress in strengthening its balance sheet. Net debt was reduced to $664.5 million, aided by proceeds from the sale of the Fresh Vegetables division. In a major move for shareholder returns, the Board also authorized a new share repurchase program of up to $100 million.
• Full-Year 2025 Outlook: Management expressed confidence, stating that full-year Adjusted EBITDA is expected to be at the upper end of its targeted range of $380 million to $390 million.

Looking Ahead

Dole's outlook for the remainder of the fiscal year provides a positive signal. The company's expectation to hit the high end of its EBITDA guidance range suggests underlying operational strength. Investors will now look to the next quarter to see if the company can maintain its revenue momentum while translating it more effectively to the bottom line.

For a detailed breakdown of future earnings estimates and historical performance, you can review the earnings and estimates data for DOLE.

Disclaimer: This article is for informational purposes only and is not intended as investment advice. All investment decisions carry risk, and individuals should conduct their own research or consult with a qualified financial advisor before making any investment decisions.