06:21 AM EDT, 05/12/2025 (MT Newswires) -- 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