Brief: Limoneira Co Announces Second Quarter Fiscal Year 2021 Results

Limoneira

08/06/2021 22:32

June 8 (Reuters) - Limoneira Co  LMNR.O :
    * MPANY ANNOUNCES SECOND QUARTER FISCAL YEAR 2021 FINANCIAL
RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $0.10
    * Q2 REVENUE $45.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$45.4
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.06 -- REFINITIV IBES
DATA
    * Q2 EARNINGS PER SHARE $0.10
    * BELIEVES IT IS PRUDENT TO NOT PROVIDE LEMON GUIDANCE AT
THIS
TIME UNTIL COVID-19 VACCINE IS WIDELY DISTRIBUTED
    * CONTINUES TO BELIEVE AVOCADO REVENUE IN FISCAL 2021 WILL
BE
STRONG DUE TO MARKET FACTORS AND POSITIVE INITIAL CROP
INDICATORS
    * EXPECTS TO RECEIVE $80 MILLION FROM HARVEST AT LIMONEIRA
DURING
NEXT SIX FISCAL YEARS, BEGINNING IN FISCAL 2022
    * CURRENTLY EXPECTS IMPROVEMENT IN FOODSERVICE BUSINESS IN
H2 OF
FISCAL YEAR 2021

Source text for Eikon:  ID:nBw6d3dZQa 
Further company coverage:  LMNR.O 

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