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Alico reports 1Q loss

FT. MYERS, Fla. (AP) _ AliCo. (ALCO) on Monday reported a loss of $1.7 million in its fiscal first quarter.

The Ft. Myers, Florida-based company said it had a loss of 21 cents per share. Losses, adjusted for one-time gains and costs, were 22 cents per share.

The agribusiness and land management company posted revenue of $17.4 million in the period.

Alico shares have climbed roughly 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.30, a decrease of 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALCO at https://www.zacks.com/ap/ALCO


Keywords: Alico, Earnings Report