Fruit and vegetable producer Fresh Del Monte Produce Inc
For the third quarter, net income attributable to the company was $28.6 million, or 45 cents a share, compared with $29.3 million, or 46 cents a share, a year ago.
Excluding items, quarterly profit was 61 cents a share.
Net sales fell 8 percent to $766.2 million. Banana sales rose 5 percent, but this was offset by declining sales of most fresh fruits and vegetables and prepared food.
Analysts on average were expecting earnings of 37 cents a share, before special items, on revenue of $819 million, according to Thomson Reuters I/B/E/S.
The company, whose rivals include Chiquita Brands International Inc
Fresh Del Monte's shares closed at $21.92 Monday on the New York Stock Exchange.
(Reporting by Mihir Dalal in Bangalore; Editing by Himani Sarkar)