Limoneira Co expected to post a loss of 15 cents a share - Earnings Preview

Limoneira

20/12/2023 24:03

* Limoneira Co  LMNR.OQ   LMNR.O  is expected to show a fall
in
quarterly revenue when it reports  results on December 22 for
the period ending July 31 2023
    * The Santa Paula California-based  company is expected to
report
a 4.6% decrease in revenue to $37.817 million from $39.66
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Majority is on Total Revenue
Basis)
    * ​LSEG's mean analyst estimate for Limoneira Co is for a
loss
of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Limoneira
Co is
$20.00​, above​ its last closing price of $19.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.15        0.15       0.02      Missed  -86.7
 Apr. 30 2023  0.19        0.19       0.21      Beat    8.6
 Jan. 31 2023  -0.37       -0.35      0.84      Beat    338.6​
 Oct. 31 2022  -0.10       -0.10      -0.16     Missed  -60
 ​​Jul.        0.24        0.24       0.40      Beat    70.2
 31 2022                                                
 Apr. 30 2022  0.04        0.05       0.08      Beat    48.1​
 Jan. 31 2022  -0.23       -0.23      -0.35     Missed  -53.5
 Oct. 31 2021  -0.29       -0.26      -0.28     Missed  -7.7
 This summary was machine generated December 20 at 00:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)