Brief: Alico Posts Quarterly Earnings Per Share $2.29

Alico

08/12/2020 13:17

Dec 8 (Reuters) - Alico Inc  ALCO.O :
    * ALICO, INC. ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH
QUARTER
AND FISCAL YEAR ENDED SEPTEMBER 30, 2020, INCREASES QUARTERLY
DIVIDEND BY 100% AND PROVIDES INITIAL FISCAL YEAR 2021 FINANCIAL
GUIDANCE
    * ALICO INC - INCREASES QUARTERLY DIVIDEND BY 100% TO $0.18
PER
SHARE FOR Q1 ENDING DECEMBER 31, 2020
    * ALICO INC - QTRLY EARNINGS PER SHARE $2.29
    * ALICO INC - PROJECTING NET INCOME TO BE BETWEEN $7.5
MILLION AND
$10.0 MILLION FOR FISCAL YEAR ENDED SEPTEMBER 30, 2021
    * ALICO INC -FISCAL YEAR 2021 ADJUSTED EBITDA (AFTER
ADJUSTING FOR
CERTAIN EXPECTED NON-RECURRING ITEMS) EXPECTED TO BE BETWEEN
$25.0 MILLION & $28.8 MILLION

Source text for Eikon:  ID:nGNX2rG91d 
Further company coverage:  ALCO.O 

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