Limoneira Company Announces Third Quarter Fiscal Year 2019 Financial Results

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UPDATE: Limoneira (LMNR) Misses Q2 EPS by 50c, Revenues Miss

September 9, 2019 4:07 PM EDT

(Updated - September 9, 2019 4:09 PM EDT)

Limoneira (NASDAQ: LMNR) reported Q2 EPS of ($0.00), $0.50 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $50.9 million versus the consensus estimate of $62.82 million.

Company Continues to Expect Record Revenue in Fiscal YearExpect Return to 70% - 75% Fresh Lemon Utilization Rates in 4th QuarterImproved Lemon Carton Pricing Currently at $21.50Receives $4.0 Million from Sale of Non-Core Real... More