11:19 AM EDT, 10/31/2024 (MT Newswires) -- Fresh Del Monte Produce ( FDP ) shares jumped 12% in recent Thursday trading after the company posted a Q3 adjusted earnings beat and a surprise increase in revenue.

In the three months ended Sept. 27, adjusted earnings rose to $0.77 per diluted share from $0.35 a year earlier, the company said Thursday.

Two analysts surveyed by Capital IQ expected $0.47.

Net sales rose to $1.02 billion from $1 billion a year earlier.

Two analysts polled by Capital IQ expected $989.5 million.

Price: 32.56, Change: +3.47, Percent Change: +11.93