Dole Food Q2 Profit Down - Quick Facts

(RTTNews) - Dole Food Co. Inc. (DOLE) Thursday said second-quarter profit from continuing operations plunged to $2 million or $0.01 per share, compared to $56 million, or $0.63 per share last year.

Comparable income from continuing operations totaled $25.4 million or $0.28 per share, compared to $61.0 million or $0.69 per share last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.11 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 10 percent to $1.19 billion from $1.08 billion last year. Analysts expected revenues of $1.10 billion.

Looking ahead, the company has reiterated full year earnings guidance at the low end of the $150 - $170 million range.