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Limoneira Co (LMNR.OQ)

LMNR.OQ on NASDAQ Stock Exchange Global Select Market

18.65USD
1:30am IST
Change (% chg)

$0.12 (+0.65%)
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Volume
15,819
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24,583
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$26.68
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Latest Key Developments (Source: Significant Developments)

Limoneira Sees FY 2019 Adjusted Loss Per Share $0.12 To $0.22
Thursday, 29 Aug 2019 

Aug 28 (Reuters) - Limoneira Co ::LIMONEIRA PROVIDES FISCAL YEAR 2019 BUSINESS UPDATE.SEES FY 2019 ADJUSTED LOSS PER SHARE $0.12 TO $0.22.SEES FY 2019 LOSS PER SHARE $0.10 TO $0.20.SEES Q3 2019 LOSS PER SHARE $0.04 TO $0.08.Q3 FISCAL 2019 EXPERIENCED LOWER THAN EXPECTED FRESH LEMON UTILIZATION RATES.CONTINUES TO EXPECT RECORD REVENUE IN FISCAL YEAR.LEMONS AND ORANGES FACED PRICING PRESSURE THROUGHOUT Q3 OF FISCAL 2019.SEES Q3 ADJUSTED LOSS PER SHARE OF $0.02 TO EPS OF $0.02.FY2019 EARNINGS PER SHARE VIEW $0.29 -- REFINITIV IBES DATA.Q3 EARNINGS PER SHARE VIEW $0.50 -- REFINITIV IBES DATA.LEMONS GROWN FOR FISCAL YEAR 2019 WILL NOT TRANSLATE INTO OUR FULL YEAR GOAL OF FRESH CARTONS SOLD.AS WE TURN TO FISCAL 2020, WE ARE WELL POSITIONED FOR A RETURN TO SOLID GROWTH AND IMPROVED PROFITABILITY.  Full Article

Limoneira Sees FY 2019 Earnings Per Share Of $0.33 To $0.53
Tuesday, 11 Jun 2019 

June 10 (Reuters) - Limoneira Co ::MPANY ANNOUNCES SECOND QUARTER FISCAL YEAR 2019 FINANCIAL RESULTS.SEES FY 2019 EARNINGS PER SHARE $0.33 TO $0.53.Q2 EARNINGS PER SHARE $0.15.Q2 REVENUE $42 MILLION VERSUS REFINITIV IBES ESTIMATE OF $40.7 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.11 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.25 TO $0.45.Q2 ADJUSTED LOSS PER SHARE $0.09 EXCLUDING ITEMS.COMPANY CONTINUES TO EXPECT RECORD LEMON VOLUMES FOR FISCAL YEAR 2019-.UPDATES FISCAL YEAR 2019 GUIDANCE.LIMONEIRA - BELIEVE WILL CONTINUE FACING PRICING HEADWINDS FROM OVERABUNDANCE OF LARGER FRESH LEMONS DUE TO PREVIOUS HEAVY RAINS, UNTIL JULY 2019 END.FISCAL 2019 EXPECTED RESULTS HAVE BEEN TEMPORARILY AFFECTED BY WEATHER.FISCAL 2019 EXPECTED RESULTS HAVE BEEN TEMPORARILY AFFECTED BY WEATHER.COMPANY EXPECTS MINIMAL REVENUE FROM AVOCADOS IN FISCAL YEAR 2019.  Full Article

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