ALCO News and Press, Alico Inc. From 09/06/22

FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ: ALCO, "Alico" or "the Company"), an agriculture and land management company, today announced the hiring and appointment of Perry G. Del Vecchio as the Company’s Chief Financial Officer, effective as of Septembe...

Summary Fresh Del Monte Produce has fared really well compared to the broader market in recent months. This comes as a result of attractive sales growth, but weak bottom line results. Shares are still affordable at this time, and a return to normalcy would make shares quite ch...

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Dallas, Texas--(Newsfile Corp. - August 29, 2022) - Stonegate Capital Partners updates coverage on Alico, Inc. (NASDAQ: ALCO). The full report can be accessed by clicking on the following link: https://stonegateinc.com/reports/ALCO_Q2FY22.pdf To view the full announcement, including down...

Weak harvest season has severely impacted Alico's performance. Alico has been consistent with payouts in the last five years, with its dividend steadily increasing from $0.06 per quarter in 2018 to $0.50 in 2022. Third-quarter 2022 results missed market estimates and the company s...

Alico has dropped quite a bit recently, driven by concerns over the broader economy and weakening fundamentals. Although likely temporary, these problems have impacted the firm and it's unlikely that the picture will improve drastically near-term. Shares are getting close to the p...

Alico, Inc. (ALCO) Q3 2022 Earnings Conference Call August 3, 2022 04:30 PM ET Company Participants John Kiernan – President and Chief Executive Officer Conference Call Participants Gerry Sweeney – ROTH Capital Presentation Operato...

Alico press release ( NASDAQ: ALCO ): Q3 Non-GAAP EPS of -$0.21 misses by $0.27 . Revenue of $25.94M (-25.6% Y/Y) misses by $2.96M . Sees fiscal year 2022 net income of $30.7 million and $33.3 million vs. prior guidance of $35.6M to $38.9M. For f...

FORT MYERS, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2022 and the nine months ended June 30, 2022, the highlights of which are as foll...

Resumed grain shipments from Ukraine are being put to the test following a recent deal that was brokered by Turkey and the United Nations. The Sierra Leone-flagged ship Razoni - carrying 26,000 tons of corn - departed Odesa at 9:48am local time on Monday, becoming the first vessel to le...