Limoneira Co reports results for the quarter ended in July - Earnings Summary

Limoneira

07/09/2023 22:02

* Limoneira Co  LMNR.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in July. The mean
expectation of five analysts for the quarter was for earnings of
15 cents per share.
    * Revenue fell 10.9% to $52.50 million from a year ago;
analysts
expected $50.07 million. 
    * Limoneira Co's reported EPS for the quarter was a loss
of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 48.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Limoneira Co shares had fallen by 3.1% this quarter and
gained 23.5% so far this year.
    * The company reported a quarterly loss of $1.29 million.
    * Wall Street's median 12-month price target for Limoneira
Co is
$20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
September 7 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.15           0.02           Missed
 Apr. 30 2023      0.19           0.21           Beat
 Jan. 31 2023      -0.35          0.84           Beat
 Oct. 31 2022      -0.10          -0.16          Missed