SANTA PAULA, Calif. (AP) _ Limoneira Co. (LMNR) on Tuesday reported a fiscal first-quarter loss of $4.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Santa Paula, California-based company said it had a loss of 28 cents. Losses, adjusted for one-time gains and costs, came to 11 cents per share.
The agribusiness company posted revenue of $42 million in the period.
Limoneira expects full-year earnings in the range of 75 cents to 85 cents per share.
Limoneira shares have climbed 17 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.81, a decline of almost 1 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 LMNR at https://www.zacks.com/ap/LMNR