Mid-cap stocks projected to have 13% EPS growth in 2025. Dole expected to grow earnings by 15% this year. Dole trades at nine times 2025 earnings. Rising rates may favor companies with strong balance sheets. J.P. Morgan highlights Dole for its cash flow yield.
Dole surpassed Q2 profit and sales estimates despite demand decline. Dole raised full-year adjusted EBITDA outlook to at least $370 million. Diversified Fresh Produce sales in Europe rose 12.6%, while Americas fell 14.7%. Adjusted earnings per share reached 49 cents, exceeding forecasts.