Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2020 Financial Results

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Go back to Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2020 Financial Results

Limoneira (LMNR) Misses Q4 EPS by 21c

January 11, 2021 4:07 PM EST

Limoneira (NASDAQ: LMNR) reported Q4 EPS of ($0.42), $0.21 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $29.8 million versus the consensus estimate of $29.19 million.

Management Comments

Harold Edwards, President and Chief Executive Officer of the Company, stated, We achieved record lemon volume in fiscal 2020 and our real estate development project, Harvest at Limoneira, exceeded our expectations. Domestic lemon volume was up due to our expanded focus on grocery retail as consumers continue to focus on at-home dining... More