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

Alico

04/05/2023 14:32

* Alico Inc  ALCO.OQ  reported a quarterly adjusted loss of
$1.62​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 13 cents
per share.
    * Revenue fell 57.1% to $21.29 million from a year ago;
analysts
expected $28.00 million. 
    * Alico Inc's reported EPS for the quarter was a loss of
$1.02​.
    * The mean earnings estimate of analysts had fallen by
about 7.1%
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 fallen by 2.9% this quarter and
lost 1.6%
so far this year.
    * The company reported a quarterly loss of $7.79 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 May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.06           -0.21          Missed