Alico, Inc. (ALCO) Reports Q4 EPS of $0.48

Alico, Inc. (NASDAQ: ALCO) reported Q4 EPS of $0.48, versus $1.60 reported last year. Revenue for the quarter came in at $7.5 million, versus $6.7 million reported last year.

he decrease in net income is primarily due to the non-recurring sale of a conservation easement on approximately 11,600 acres of land in Hendry County, Florida to the U.S. Department of Agriculture, through its administering agency, the Natural Resources Conservation Service, for $20.7 million in fiscal year 2013 resulting in a $20.3 million gain.

For earnings history and earnings-related data on Alico, Inc. (ALCO) click here.

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