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Recap: Limoneira Q3 Earnings

Benzinga Insights
·1 min read

Shares of Limoneira (NASDAQ:LMNR) moved higher by 8.85% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 0.00% over the past year to $0.10, which beat the estimate of $0.01.

Revenue of $53,559,000 rose by 5.29% from the same period last year, which beat the estimate of $46,500,000.

Looking Ahead

Limoneira hasn't issued any earnings guidance for the time being.

Limoneira hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Sep 09, 2020

View more earnings on LMNR

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/4wv2zcjy

Recent Stock Performance

Company's 52-week high was at $21.85

52-week low: $10.60

Price action over last quarter: down 0.41%

Company Profile

Limoneira Co is an agribusiness and real estate development company. Its operating segments are Agribusiness, Rental Operations, and Real estate development. The agribusiness consists of fresh lemons, lemon packing, avocados, and other agribusinesses. Rental operations include residential and commercial rentals, whereas real estate development includes real estate projects and development. It generates a majority of its revenue from the Agribusiness segment.

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