ALCO News and Press, Alico Inc. From 06/27/23

2023-06-27 23:23:55 ET Summary Hurricane Ian delivered a tremendous blow to the company and its stock. Near-and-long-term catalysts should emerge. The company’s review of its land holdings could significantly improve the value of its land holdings. The stock trades ...

2023-06-18 05:42:51 ET Summary Alico's stock price dropped significantly due to the record breaking destruction of Hurricane Ian, which hit Florida in September 2022 and created a major fruit drop problem. The citrus production problems Alico is facing related to hurricane Ian are...

2023-05-30 14:33:48 ET Summary Fresh Del Monte Produce has experienced mixed financial performance, with some weakness on the topline but largely positive bottom line results year over year. Shares of the company are slightly cheap compared to similar firms and look appealing on a...

2023-05-08 21:11:28 ET Summary Alico is one of the largest citrus growers in the U.S with ~49,000 acres of citrus groves in Florida. Hurricane Ian has made Alico's F2023 a writeoff. The stock continues to trade at roughly half of real estate value, suggesting patient investors...

2023-05-06 18:25:24 ET Alico, Inc. (ALCO) Q2 2023 Earnings Conference Call May 04, 2023, 08:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Prese...

2023-05-04 09:17:26 ET Alico press release ( NASDAQ: ALCO ): Q2 GAAP EPS of -$1.02 misses by $1.15 . Revenue of $21.29M (-57.1% Y/Y) misses by $6.71M . The Company’s working capital was approximately $22.7 million at March 31, 2023, representing a 2.58 t...

FORT MYERS, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2023 and the six months ended March 31, 2023, the highlights of which are as follows: ...

2023-05-03 12:46:12 ET Alico ( NASDAQ: ALCO ) is scheduled to announce Q2 earnings results on Thursday, May 4th, before market open. The consensus EPS Estimate is $0.13 (+116.7% Y/Y) and the consensus Revenue Estimate is $28M (-43.6% Y/Y). Over the last 2 years, ALCO ...

FORT MYERS, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2023, on Thursday, May 4, before the market open. The...

Summary Limoneira Company's fundamental picture is showing signs of improvement, with top line and bottom line results getting better. The firm is also working to pay down debt through asset sales and transitioning toward an asset-light business model. While LMNR stock is far from b...