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

Limoneira

22/12/2023 01:01

* Limoneira Co  LMNR.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in October, higher than
the same quarter last year, when the company reported EPS of -16
cents.  The mean expectation of five analysts for the quarter
was for a loss of 15 cents per share. Wall Street expected
results to range from -18 cents to -11 cents per share.
    * Revenue rose 4.5% to $41.43 million from a year ago;
analysts
expected $37.82 million. 
    * Limoneira Co's reported EPS for the quarter was a loss
of 20
cents​.
    * The company reported a quarterly loss of $3.58 million.
    * Limoneira Co shares had risen by 23.6% this quarter and
gained 55.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the fishing &
farming
peer group is also "buy"

Wall Street's median 12-month price target for Limoneira Co is
$20.00 
This summary was machine generated from LSEG data December 22 at
01:01 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      -0.15          -0.15          Met
 Jul. 31 2023      0.15           0.02           Missed
 Apr. 30 2023      0.19           0.21           Beat
 Jan. 31 2023      -0.35          0.84           Beat