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

Alico

03/08/2023 14:33

* Alico Inc  ALCO.OQ  reported a quarterly adjusted loss
of 73
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 8 cents per
share.
    * Revenue fell 71.9% to $7.28 million from a year ago;
analysts
expected $15.50 million. 
    * Alico Inc's reported EPS for the quarter was $1.56​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alico Inc shares had risen by 1.9% this quarter and
gained 8.7%
so far this year.
    * The company reported quarterly net income of $11.83
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 LSEG Refinitiv data
August 3 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.08           -0.73          Missed
 Mar. 31 2023      0.13           -1.62          Missed
 Dec. 31 2022      -0.31          -0.84          Missed
 Sep. 30 2022      -0.25          0.17           Beat