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Alico reports 4Q loss

FT. MYERS, Fla. (AP) _ AliCo. (ALCO) on Monday reported a loss of $19 million in its fiscal fourth quarter.

On a per-share basis, the Ft. Myers, Florida-based company said it had a loss of $2.29. Losses, adjusted for one-time gains and costs, came to 86 cents per share.

The agribusiness and land management company posted revenue of $4.7 million in the period.

For the year, the company reported a loss of $9.5 million, or $1.14 per share, swinging to a loss in the period. Revenue was reported as $129.8 million.

Alico shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $32.10, a climb of 7.5 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