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

Alico

10/05/2022 09:50

* Alico Inc  ALCO.OQ  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of one cent
per share.
    * Revenue fell 11.3% to $49.64 million from a year ago; 
analysts
expected $51.40 million. 
    * Alico Inc's reported EPS for the quarter was $2.74​.
    * The mean earnings estimate of analysts had fallen by
about 97.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Alico Inc shares had risen by 2.7% this quarter and
gained 4.2%
so far this year.
    * The company reported quarterly net income of $20.7
million.
    * Wall Street's median 12-month price target for Alico Inc
is
$43.00 
    * 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 May 10 at 08:50 a.m.  ​All
figures in US dollars unless otherwise stated