CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Wednesday reported first-quarter net income of $42.7 million.
On a per-share basis, the Coral Gables, Florida-based company said it had net income of 90 cents. Earnings, adjusted for non-recurring gains, came to 88 cents per share.
The food producer posted revenue of $1.09 billion in the period.
Del Monte shares have risen 20% since the beginning of the year. The stock has increased 14% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDP at https://www.zacks.com/ap/FDP
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