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Limoneira Co (LMNR.OQ)

LMNR.OQ on NASDAQ Stock Exchange Global Select Market

19.69USD
21 May 2019
Change (% chg)

$0.28 (+1.44%)
Prev Close
$19.41
Open
$19.46
Day's High
$19.70
Day's Low
$19.46
Volume
1,257
Avg. Vol
22,067
52-wk High
$33.26
52-wk Low
$18.09

Latest Key Developments (Source: Significant Developments)

Limoneira Sees Q2 Adjusted Loss Per Share Of $0.08 To $0.13
Tuesday, 14 May 2019 

May 13 (Reuters) - Limoneira Co ::LIMONEIRA PROVIDES FISCAL YEAR 2019 BUSINESS UPDATE.SEES FY 2019 EARNINGS PER SHARE $0.65 TO $0.75.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.55 TO $0.65.SEES Q2 2019 ADJUSTED LOSS PER SHARE $0.08 TO $0.13.COMPANY REITERATES FISCAL 2019 EXPECTATIONS FOR RECORD DOMESTIC AND INTERNATIONAL FRESH LEMON VOLUME.TO RECEIVE $2.3 MILLION OF EQUITY EARNINGS IN Q2 FY 2019 FROM HARVEST AT LIMONEIRA.NOW EXPECTS OPERATING INCOME FOR FISCAL YEAR 2019 TO BE APPROXIMATELY $14.5 MILLION TO $17.5 MILLION.2019 ADJUSTED EBITDA IS NOW EXPECTED TO BE IN RANGE OF $23.5 MILLION TO $27.5 MILLION.2019 EARNINGS PER SHARE TO BE IN RANGE OF $0.65 TO $0.75 PER DILUTED SHARE.2019 ADJUSTED EARNINGS PER DILUTED SHARE ARE EXPECTED TO BE IN RANGE OF $0.55 TO $0.65.EXPECTS Q2 DILUTED EARNINGS PER SHARE TO BE IN RANGE OF $0.10 TO $0.15.SEES Q2 ADJUSTED LOSS PER SHARE TO BE IN RANGE OF $0.08 TO $0.13.FY2019 EARNINGS PER SHARE VIEW $0.76 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $0.34 -- REFINITIV IBES DATA.  Full Article

Limoneira Enters Agreement To Expand Global Presence With Strategic Joint Venture And Land Acquisition In Argentina
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Limoneira Co ::LIMONEIRA ENTERS AGREEMENT TO EXPAND GLOBAL PRESENCE WITH STRATEGIC JOINT VENTURE AND LAND ACQUISITION IN ARGENTINA.LIMONEIRA CO - EXPECTED TO BE ACCRETIVE FOR FISCAL 2019.LIMONEIRA CO - FGF TRAPANI WILL MAINTAIN 100% OWNERSHIP AND CONTROL OF JUICE PROCESSING FACILITIES AND OPERATIONS.LIMONEIRA CO - ENTERED INTO AN AGREEMENT WITH FGF TRAPANI.LIMONEIRA CO - LIMONEIRA ARGENTINA & FGF'S AGREEMENT WILL OPERATE UNDER NAME TRAPANI FRESH.LIMONEIRA CO - LIMONEIRA ARGENTINA WILL ACQUIRE 25% OF PARCELS OF FINCA SANTA CLARA.LIMONEIRA - LIMONEIRA ARGENTINA WILL ALSO BUY ABOUT 1,200 ACRES OF PLANTED LEMONS, UPFRONT WITH ADDITIONAL 25% TO BE ACQUIRED OVER A THREE-YEAR PERIOD.LIMONEIRA CO - LIMONEIRA ARGENTINA AND FGF'S AGREEMENT WILL OPERATE UNDER NAME TRAPANI FRESH.LIMONEIRA - IN AGREEMENT, LIMONEIRA ARGENTINA AS MANAGING PARTNER, RESPONSIBLE FOR ALL FRESH FRUIT SALES, HOLDING 51% INTEREST, FGF HOLDING 49% INTEREST.LIMONEIRA CO - LIMONEIRA ARGENTINA WILL BE MANAGING PARTNER OF JV AND RESPONSIBLE FOR ALL FRESH FRUIT SALES, HOLDING A 51% INTEREST.  Full Article

Limoneira Sees FY 2018 Adjusted Earnings Per Share $0.50 To $0.52
Thursday, 20 Dec 2018 

Dec 19 (Reuters) - Limoneira Co ::LIMONEIRA PROVIDES FISCAL YEAR 2018 BUSINESS UPDATE AND INITIAL FISCAL YEAR 2019 FINANCIAL GUIDANCE.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $0.50 TO $0.52 EXCLUDING ITEMS.SEES FY 2019 EARNINGS PER SHARE $0.75 TO $0.85.SEES FY 2018 GAAP EARNINGS PER SHARE $1.24 TO $1.26.SEES FY 2018 REVENUE UP ABOUT 7 PERCENT.SEES FY 2018 REVENUE $129 MILLION.BOARD OF DIRECTORS INCREASES QUARTERLY DIVIDEND 20% TO $0.075 PER SHARE.  Full Article

Limoneira Says Sold 50,000 Shares Of Calavo Growers Common Stock On Open Market
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Limoneira Co ::LIMONEIRA CO - DURING PERIOD OF TIME FROM OCT 15, 2018 TO OCT 16, 2018, CO SOLD 50,000 SHARES OF CALAVO GROWERS, INC COMMON STOCK ON OPEN MARKET.LIMONEIRA CO - NET PROCEEDS TO COMPANY FROM SALE WERE ABOUT $4.7 MILLION.LIMONEIRA CO - COMPANY RECOGNIZED A GAIN ON SALE OF ABOUT $4.2 MILLION.LIMONEIRA CO - INTENDS TO USE PROCEEDS TO REDUCE ITS LONG-TERM DEBT AND TO MAKE STRATEGIC INVESTMENTS IN ACQUISITIONS.  Full Article

Limoneira Announces Acquisition Of Oxnard Lemon Company In California
Friday, 27 Jul 2018 

July 26 (Reuters) - Limoneira Co ::LIMONEIRA ANNOUNCES ACQUISITION OF OXNARD LEMON COMPANY IN CALIFORNIA.LIMONEIRA ANNOUNCES ACQUISITION OF OXNARD LEMON COMPANY IN CALIFORNIA.LIMONEIRA CO - FOR FISCAL 2019, EXPECTS DEAL TO ADD $0.08 - $0.10 IN EARNINGS PER DILUTED SHARE.LIMONEIRA CO - CLOSED ASSET PURCHASE AGREEMENT TO ACQUIRE A PACKINGHOUSE AND RELATED ASSETS OF OXNARD LEMON ASSOCIATES, LTD. IN OXNARD, CALIFORNIA.  Full Article

Limoneira Announces Proposed Public Offering Of Common Stock
Thursday, 21 Jun 2018 

June 20 (Reuters) - Limoneira Co ::LIMONEIRA ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.LIMONEIRA CO - INTENDS TO OFFER AND SELL APPROXIMATELY $50.0 MILLION OF SHARES OF ITS COMMON STOCK IN AN UNDERWRITTEN REGISTERED PUBLIC OFFERING.LIMONEIRA CO - INTENDS TO USE NET PROCEEDS FROM OFFERING, IF COMPLETED, TO FUND ITS RECENTLY ANNOUNCED ASSET ACQUISITION FROM FRUTICOLA SAN PABLO S.A.  Full Article

Limoneira Announces $13 Mln Deal For Some Assets Of Chilean Company
Thursday, 21 Jun 2018 

June 20 (Reuters) - Limoneira Co ::LIMONEIRA EXPANDS GLOBALLY WITH ACCRETIVE CHILEAN ACQUISITION.LIMONEIRA CO - DEAL EXPECTED TO BE ACCRETIVE IN FISCAL 2018 AND GENERATE EARNINGS PER SHARE OF $0.06-$0.08 IN FISCAL 2019.LIMONEIRA CO - DEAL FOR $13 MILLION.LIMONEIRA CO - EXPECTS ACQUISITION TO ADD $0.02 - $0.03 IN EARNINGS PER DILUTED SHARE IN FISCAL 2018, AND $0.06 - $0.08 IN FISCAL 2019.  Full Article

Limoneira Q4 Loss Per Share $0.19
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Limoneira Co ::LIMONEIRA COMPANY ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS AND REITERATES FISCAL YEAR 2018 EPS GUIDANCE.REAFFIRMS FY 2018 EARNINGS PER SHARE VIEW $0.55 TO $0.65.Q4 LOSS PER SHARE $0.19.Q4 EARNINGS PER SHARE VIEW $-0.08 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE $15.9 MILLION VERSUS I/B/E/S VIEW $16.1 MILLION.LIMONEIRA - ‍FOR FY 2018, CO EXPECTS TO SELL BETWEEN 3.1 MILLION AND 3.3 MILLION CARTONS OF FRESH LEMONS AT AN AVERAGE PRICE OF APPROXIMATELY $24.50 PER CARTON​.- ‍FOR FY 2018, COMPANY EXPECTS TO SELL APPROXIMATELY 6.0 TO 6.5 MILLION POUNDS OF AVOCADOS AT APPROXIMATELY $1.30 PER POUND​.FY2018 EARNINGS PER SHARE VIEW $0.59 -- THOMSON REUTERS I/B/E/S.  Full Article

Limoneira Sees FY 2017 Earnings Per Share $0.40 To $0.44
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Limoneira Co ::LIMONEIRA PROVIDES FISCAL YEAR 2017 BUSINESS UPDATE AND INITIAL FISCAL YEAR 2018 FINANCIAL GUIDANCE.SEES FY 2018 EARNINGS PER SHARE $0.55 TO $0.65.SEES FY 2017 EARNINGS PER SHARE $0.40 TO $0.44.SEES FY 2017 REVENUE ABOUT $120 MILLION.- FOR FISCAL YEAR 2017, COMPANY EXPECTS EARNINGS PER DILUTED SHARE TO BE IN RANGE OF $0.40 TO $0.44 PER SHARE.- ‍ CURRENTLY DOES NOT EXPECT FIRE AND WIND DAMAGE FROM SOUTHERN CALIFORNIA WILDFIRES TO HAVE A MATERIAL IMPACT ON ITS RESULTS OF OPERATIONS​.- ASSESSING POTENTIAL PROPERTY AND CROP DAMAGE CAUSED BY DECEMBER 2017 SOUTHERN CALIFORNIA WILDFIRES AND RELATED HIGH WINDS.- "‍DO NOT BELIEVE WILDFIRES CAUSED ANY LONG-TERM DAMAGE TO OUR ORCHARDS"​.  Full Article

Limoneira Appoints Mark Palamountain As CFO
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Limoneira Co ::LIMONEIRA APPOINTS MARK PALAMOUNTAIN AS CHIEF FINANCIAL OFFICER.LIMONEIRA CO - PALAMOUNTAIN WILL REPLACE CO'S CFO JOE RUMLEY.LIMONEIRA CO - PALAMOUNTAIN NAMED LIMONEIRA CFO EFFECTIVE JANUARY 8, 2018.  Full Article