Limoneira (LMNR) Misses Q4 EPS by 21c, Revenue Beats

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Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2022 Financial Results

December 22, 2022 4:05 PM EST

Revenue Grew 11% to a Record $184.6 Million in Fiscal Year 2022 Compared to Prior Year Driven by Record Avocado and Orange Sales

Company Sold $28 Million of Assets in Fiscal Year 2022 as Part of Strategic Move Toward Asset-Lighter Business Model

Company Increases Expected Proceeds from Harvest at Limoneira by 21% to $115 Million

SANTA PAULA, Calif.--(BUSINESS WIRE)-- Limoneira Company (the Company or Limoneira) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results... More