Limoneira (LMNR) Reports In-Line Q4 EPS, Tops on Revenue; Offers Guidance

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Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results

December 21, 2023 4:05 PM EST

Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons in Fourth Quarter of Fiscal Year 2023

Full Year Brokered Lemons and Other Lemon Sales Grew 24% to $30.3 Million Compared to Prior Year and Company Achieved $9.9 Million in Farm Management Revenue in Fiscal Year 2023

Company Achieved Avocado Volume Guidance and Lemon Volume Guidance for Fiscal Year 2023

Company Increases Expected Proceeds from Harvest at Limoneira by 14% to $131 Million

Company Executing Exploration of Strategic Alternatives Intended to Maximize Stockholder Value

SANTA PAULA, Calif.--(BUSINESS... More