Dole Falls Short of Q3 2026 Estimates as Revenue Rises 3.8% to $2.366B

Dole (DOLE) fell short of estimates for the third quarter of 2026. Revenue was $2.366 billion, up 3.8% from a year earlier, in line with the $2.365 billion estimate, and adjusted EPS was $0.16, unchanged from a year earlier, below the $0.32 estimate.

Shares fell 5.6% in premarket trading as of 6:00 a.m. ET, to $13.10 from a $13.88 close.

Q3 2026 scorecard

By our calculation, adjusted EPS was $0.16 below it. The QoQ column compares with the previous quarter's revenue of $2.499 billion and adjusted EPS of $0.46. The YoY column compares with $2.279 billion and $0.16 in the same quarter a year earlier.

GAAP results

• GAAP EPS. GAAP diluted EPS was $0.41, against $0.05 a year earlier.
• Net income. The company reported net income of $111.8 million on a GAAP basis, compared with net income of $5.1 million a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $2.279 billion, $2.366 billion, $2.342 billion, $2.499 billion and $2.366 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.25 and revenue of $2.47 billion next quarter, based on 1 analyst.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 3.8% increase to $2.366 billion.
• Estimate record. Whether Dole extends a record of beating EPS estimates in 4 of its last 8 reports.
• Related coverage. See our reports on National Energy Services Reunited, RadNet, Endeavour Silver and Strive.

Sources: Results are from Dole's Nov. 9, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Dole's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.