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Limoneira Q3 2023 Earnings Report

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$26.30 +0.64 (+2.49%)
(As of 12/20/2024 05:16 PM ET)

Limoneira EPS Results

Actual EPS
$0.02
Consensus EPS
$0.15
Beat/Miss
Missed by -$0.13
One Year Ago EPS
$0.41

Limoneira Revenue Results

Actual Revenue
$52.50 million
Expected Revenue
$48.58 million
Beat/Miss
Beat by +$3.92 million
YoY Revenue Growth
N/A

Limoneira Announcement Details

Quarter
Q3 2023
Time
After Market Closes
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Limoneira Earnings Headlines

Have a Relaxing Holiday Season
Limoneira Declares Quarterly Dividend
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Limoneira Insider Ups Holding By 24% During Year
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About Limoneira

Limoneira (NASDAQ:LMNR) Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons. The company also grows avocado, oranges, and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Valencia oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, and wine grapes. It has approximately 3,500 acres of lemons planted primarily in Ventura, Tulare, San Luis Obispo, and San Bernardino Counties in California; and Jujuy, Argentina, as well in Yuma County, Arizona, and La Serena, Chile; 1,200 acres of avocados planted in Ventura County; 100 acres of oranges planted in Tulare County, California; and 400 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, as well as leases approximately 400 acres of its land to third-party agricultural tenants. Further, it is involved in the organic recycling operations; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

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