Alico Inc reports results for the quarter ended in December - Earnings Summary

Alico

06/02/2023 14:37

* Alico Inc  ALCO.OQ  reported a quarterly adjusted loss
of 84
cents​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of 31 cents per
share.
    * Revenue fell 31% to $10.59 million from a year ago;
analysts
expected $8.10 million. 
    * Alico Inc's reported EPS for the quarter was a loss of 41
cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Alico Inc shares had risen by 15.3% this quarter.
    * The company reported a quarterly loss of $3.15 million.
    * Wall Street's median 12-month price target for Alico Inc
is
$32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 02:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.31          -0.84          Missed
 Sep. 30 2022      -0.25          0.17           Beat
 Jun. 30 2022      0.06           -0.21          Missed
 Mar. 31 2022      0.01           0.06           Beat