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Limoneira: Fiscal Q1 Earnings Snapshot

Limoneira: Fiscal Q1 Earnings Snapshot

By AP News
Published - Mar 07, 2024, 04:36 PM ET
Last Updated - Mar 07, 2024, 04:36 PM EST

SANTA PAULA, Calif. (AP) — SANTA PAULA, Calif. (AP) — Limoneira Co. (LMNR) on Thursday reported a loss of $3.6 million in its fiscal first quarter.

On a per-share basis, the Santa Paula, California-based company said it had a loss of 21 cents. Losses, adjusted for one-time gains and costs, came to 18 cents per share.

The agribusiness company posted revenue of $39.7 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $39.1 million.

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