FMP
May 15, 2024 1:04 PM - Davit Kirakosyan
Dole (NYSE:DOLE) shares rose nearly 3% pre-market today after the company reported a first-quarter EPS of $0.43, exceeding the analyst prediction of $0.33. The company's revenue for the quarter was $2.12 billion, aligning with the consensus estimate.
Looking ahead to the fiscal year 2024, Dole expressed satisfaction with its strong start to the year, which they believe positions the company well for achieving a robust overall performance.
Although it's still early in the year and forecasting continues to be challenging, Dole is committed to achieving a full-year Adjusted EBITDA that matches the 2023 figures. After accounting for the sale of Progressive Produce, this equates to an Adjusted EBITDA target of at least $360 million for the year.
For 2024, Dole plans to maintain its capital expenditure for continuing operations between $110 million and $120 million and has lowered its expected interest expense to range from $75 million to $80 million.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...