La cadena de opciones muestra datos clave de las opciones de acciones de Limoneira a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Limoneira..

Limoneira (NASDAQ:LMNR) Bolsa, Cadena de Opciones

Limoneira

Limoneira Co is predominantly an agribusiness company. Its current operations consist of fruit production and marketing, rental operations, real estate, and capital investment activities. The company has three business divisions; agribusiness, rental operations, and real estate development. The agribusiness division which accounts for a majority of the firm's revenue represents its core operations of farming, harvesting, lemon packing, and lemon sales operations. The company's reportable operating segments are fresh lemons, lemon packing, avocados, and other agribusiness, which predominantly includes oranges, specialty citrus, other crops, and farm management services. A majority of its revenue is derived from the Fresh Lemons segment.

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

CREV

LMNR

NEUE

VENU

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: NEUE, SIF, CREV, LMNR y VENU.

5 acciones en el foco este martes: NEUE, SIF, CREV, LMNR y VENU

AVXL

BLIN

BNRG

QCOM

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este lunes: LMNR, QCOM, AVXL, BNRG y BLIN.

5 acciones en el foco este lunes: LMNR, QCOM, AVXL, BNRG y BLIN

Limoneira Co

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Tuesday.
The Dow traded up 0.53% to 43,132.84 while the NASDAQ climbed 1.05% to 19,972.38. The S&amp;P 500 also rose, gaining, 0.78% to 6,020.96.
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Leading and Lagging Sectors Consumer discretionary shares jumped by 1.8% on Tuesday.
In trading on Tuesday, health care shares rose by just 0.1%.
Top Headline
The composite manufacturing index in the U.S. Fifth District increased to -10 in December compared to a reading of -14 in the previous month.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Greenfire Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFR#NYSE">GFR</a>) shares shot up 13% to $7.00 after Waterous Energy Fund acquired 9,311,424 common shares and 2,654,179 common share purchase warrants of the company.</li>
<li>Shares of Carbon Revolution Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREV#NASDAQ">CREV</a>)got a boost, surging 103% to $7.87 after the company announced it has reached an agreement with OIC for a further $25 million in financing to support the ongoing liquidity of the business.</li>
<li>Jet.AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares were also up, gaining 73% to $5.91 after the company announced it launched &#8220;Ava&#8221; an agentic AI model for private jet booking.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Canoo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) shares dropped 8% to $1.4606.</li>
<li>Shares of Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) were down 8% to $24.80 after reporting fourth-quarter results.</li>
<li>Rigel Pharmaceuticals, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) was down, falling 7% to $16.00.</li>
</ul>
Commodities In commodity news, oil traded up 1.5% to $70.28 while gold traded up 0.1% at $2,630.20.
Silver traded up 0.1% to $30.205 on Monday, while copper rose 0.6% to $4.1085.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.17%, Germany's DAX fell 0.18% and France's CAC 40 rose 0.14%. Spain's IBEX 35 Index rose 0.33%, while London's FTSE 100 rose 0.42%.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 0.32%, Hong Kong's Hang Seng Index gaining 1.08%, China's Shanghai Composite Index gaining 1.26% and India's BSE Sensex falling 0.09%.
Economics
<ul>
<li>U.S. Redbook index increased 5.9% year-over-year in the latest week, following a prior reading of 4.8% gain.</li>
<li>The composite manufacturing index in the U.S. Fifth District increased to -10 in December compared to a reading of -14 in the previous month.</li>
</ul>
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Intraday Update

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Dow Jumps Over 200 Points, Crude Oil Gains 1.5%

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Tuesday.
Shares of Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) fell sharply in today's pre-market trading after reporting <a href="https://www.benzinga.com/quote/LMNR/news">fourth-quarter results.</a>
Limoneira posted an adjusted net loss of $1.6 million, or 9 cents per share, versus a year-ago loss of $2.6 million, or 15 cents per share. Its total net revenue rose to $43.9 million from $41.4 million in the year-ago quarter.
Limoneira shares fell 2.6% to $26.12 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Tutor Perini Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPC#NYSE">TPC</a>) dipped 12.1% to $22.01 in pre-market trading.</li>
<li>Astria Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) fell 11.8% to $8.40 in pre-market trading.</li>
<li>Jiayin Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFIN#NASDAQ">JFIN</a>) shares fell 7.5% to $5.95 in pre-market trading. Jiayin Group, last week, announced the purchase of commercial property located in Shanghai, China for total cash consideration of RMB1.35 billion.</li>
<li>AngioDynamics, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) dipped 7.3% to $8.21 in pre-market trading. AngioDynamics will report financial results for the second quarter of fiscal year before the opening bell on Wednesday, Jan. 8, 2025.</li>
<li>Phibro Animal Health Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAHC#NASDAQ">PAHC</a>) fell 5.2% to $20.51 in pre-market trading.</li>
<li>ADS-TEC Energy PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSE#NASDAQ">ADSE</a>) shares fell 3% to $13.70 in pre-market trading.</li>
<li>Vinci Partners Investments Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINP#NASDAQ">VINP</a>) fell 2.9% to $9.57 in pre-market trading.</li>
<li>Couchbase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) declined 2.4% to $14.91 in pre-market trading.</li>
<li>Turtle Beach Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEAR#NASDAQ">HEAR</a>) declined 2.3% to $15.60 in pre-market trading.</li>
<li>Valhi, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHI#NYSE">VHI</a>) fell 2% to $21.30 in pre-market trading.</li>
</ul>
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Movers

ADSE

ANGO

ATXS

BASE

HEAR

JFIN

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VINP

Limoneira And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

With U.S. stock futures trading slightly higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>NeueHealth, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEUE#NYSE">NEUE</a>) announced it has entered into a definitive merger to be acquired for $7.33 per share. NeueHealth shares surged 64.7% to $7.10 in premarket trading.</li>
<li>SIFCO Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIF#NYSE">SIF</a>) reported a loss of 33 cents per share for the fourth quarter, versus a year-ago loss of 53 cents per share, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The company reported quarterly sales of $21.66 million, up from $19.03 million in the year-ago period. SIFCO Industries shares fell 19% to $3.25.</li>
<li>Carbon Revolution Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREV#NASDAQ">CREV</a>) announced it has reached an agreement with OIC for a further $25 million in financing to support the ongoing liquidity of the business. Carbon Revolution shares jumped 67% to $6.50 in the premarket trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) posted an adjusted net loss of $1.6 million, or 9 cents per share, versus a year-ago loss of $2.6 million, or 15 cents per share. Its total net revenue rose to $43.9 million from $41.4 million in the year-ago quarter. Limoneira shares fell 2% to $26.83.</li>
<li>Venu Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VENU#NYSE">VENU</a>) posted a loss of 13 cents per share for the third quarter. Its sales rose to $5.45 million from $3.91 million a year ago. Venu Holding shares gained 5.4% to $9.50.</li>
</ul>
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</ul>
Photo courtesy: Shutterstock

NeueHealth, Limoneira And 3 Stocks To Watch Heading Into Tuesday

WIIM

Limoneira shares are trading lower after the company reported mixed Q4 financial results.

Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.07) by 28.57 percent. This is a 40 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $43.86 million which beat the analyst consensus estimate of $42.45 million by 3.32 percent. This is a 5.86 percent increase over sales of $41.43 million the same period last year.

Earnings Beats

Earnings Misses

CORRECTION: Limoneira Q4 Adj $(0.09) Misses $(0.07) Estimate, Sales $43.86M Beat $42.45M Estimate

Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) announced its Q4 earnings on Monday, December 23, 2024 at 04:05 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Limoneira missed estimated earnings by -28.999999999999996%, reporting an EPS of $-0.09 versus an estimate of $-0.07.
Revenue was up $2.43 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
The company beat on EPS by $0.09 in the last quarter, resulting in a 3.0% drop share price change the following day.
Here's a look at Limoneira's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.33</td>
<td>0.19</td>
<td>-0.29</td>
<td>-0.15</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.42</td>
<td>0.44</td>
<td>-0.18</td>
<td>-0.15</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>63.57M</td>
<td>50.55M</td>
<td>40.00M</td>
<td>37.82M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>63.30M</td>
<td>44.61M</td>
<td>39.73M</td>
<td>41.43M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Limoneira <a href="https://www.benzinga.com/quote/LMNR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Limoneira Earnings Review: Q4 Summary

Guidance

Limoneira Expects Fresh Lemon Volumes To Be In The Range Of 5M-5.5M Cartons For FY25. Avocado Volumes Are Expected To Be In The Range Of 7M-8M Pounds; Expects To Receive Total Proceeds Of $180M From Harvest, LLCB II And East Area II Spread Out Over Seven Fiscal Years, With ~$15M Received In FY24

Harvest at Limoneira Cash Flow Projections (in millions)
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Fiscal Year</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 Actual</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2025</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2026</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2027</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2028</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2029</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2030</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Projected Distributions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$15</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$8</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$18</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$34</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$41</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$22</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$42</td>
</tr>
</tbody>
</table>
</figure>
The Company has 1,000 acres of non-bearing lemons and avocados estimated to become full bearing over the next four to five years, which the Company expects will enable strong organic growth in the coming years. Additionally, the Company plans to continue expanding its plantings of avocados over the next three years and expects to have an increase in third-party grower lemons. The foregoing describes organic growth opportunities and does not include potential acquisition opportunities for the Company in its highly fragmented industry.
Looking ahead, we continue to see a strong EBITDA outlook that is underpinned by plans to expand avocado production by 1,000 acres through fiscal year 2027 to capitalize on robust consumer demand trends. During this transition, the Company expects fiscal year 2025 avocado volume to be lower compared to fiscal year 2024 due to the alternate bearing nature of avocado trees. These operational results do not take into account anticipated additional gains from asset monetization.

Limoneira Says "We Continue To See A Strong EBITDA Outlook That Is Underpinned By Plans To Expand Avocado Production By 1,000 Acres Through Fiscal Year 2027 To Capitalize On Robust Consumer Demand Trends; Expects Fiscal Year 2025 Avocado Volume To Be Lower Compared To Fiscal Year 2024 Due To The Alternate Bearing Nature Of Avocado Trees"

The CNN Money Fear and Greed index showed some easing in the fear level, with the index moving to the &#8220;Fear&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones index surging almost 500 points during the session.
Even as the major indices recorded gains on Friday, all three averages fell last week. The Dow dipped around 2.3% to record its third losing week in a row. The S&amp;P 500 declined about 2%, while the Nasdaq Composite fell around 1.8% last week.
On the economic data front, the U.S. personal consumption expenditures price index rose 0.1% month-over-month in November down from 0.2% in each of the prior two months and compared to market estimates of 0.2%. The University of Michigan consumer sentiment rose to 74 in December, recording the highest level since April, versus a reading of 71.8 in November.
Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) reported better-than-expected earnings for its fourth quarter on Friday.
All sectors on the S&amp;P 500 closed on a positive note, with utilities, real estate, and information technology stocks recording the biggest gains on Friday.
The Dow Jones closed higher by around 498 points to 42,840.26 on Friday. The S&amp;P 500 rose 1.09% to 5,930.85, while the Nasdaq Composite surged 1.03% to close at 19,572.60 during Friday's session.
Investors are awaiting earnings results from Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>), Bridgeline Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIN#NASDAQ">BLIN</a>), and Anavex Life Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 28.1, the index moved to the &#8220;Fear&#8221; zone on Friday, versus a prior reading of 21.9.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Dow Jumps Around 500 Points But Records 3rd Straight Weekly Loss: Greed Index Moves To 'Fear' Zone

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) to report a quarterly loss at 7 cents per share on revenue of <a href="https://www.benzinga.com/quote/LMNR/earnings">$42.45 million after</a> the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Limoneira shares gained 2% to $26.83 in after-hours trading.</li>
<li>Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) bagged a key win in its legal battle against semiconductor design company Arm Holdings Plc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>). A federal jury in Delaware ruled that Qualcomm did not violate its licensing agreement with Arm, clearing a hurdle for the San Diego, California-<a href="https://www.benzinga.com/24/12/42633922/qualcomm-bags-win-in-chips-licensing-trial-against-arm-but-the-battle-is-not-over-yet">headquartered chipmaker</a>. Qualcomm shares gained 1.9% to $155.72 in the after-hours trading session.</li>
<li>Analysts expect Anavex Life Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) to post a quarterly loss at 16 cents per share before the opening bell. Anavex Life Sciences shares gained 0.2% to $8.65 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Brenmiller Energy Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNRG#NASDAQ">BNRG</a>) shares rose sharply in after-hours trading on Friday after the company said it was awarded ISO/IEC 27001:2022 certification. Brenmiller Energy shares surged 12% to $0.8440 in the after-hours trading session.</li>
<li>Analysts expect Bridgeline Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIN#NASDAQ">BLIN</a>) to post a quarterly loss at 5 cents per share on revenue of $3.87 million after the closing bell. Bridgeline Digital shares fell 0.7% to $1.48 in after-hours trading.</li>
</ul>
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Qualcomm, Limoneira And 3 Stocks To Watch Heading Into Monday

<h3>Companies Reporting Before The Bell</h3>
• Anavex Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) is expected to report earnings for its fourth quarter. 
<h3>Companies Reporting After The Bell</h3>
• Bridgeline Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIN#NASDAQ">BLIN</a>) is estimated to report quarterly loss at $0.01 per share on revenue of $3.87 million. 
• Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) is expected to report quarterly loss at $0.07 per share on revenue of $42.45 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Scheduled For December 23, 2024

Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) has significantly <a href="https://www.benzinga.com/markets/equities/23/12/36046659/why-citrus-fruits-company-limoneiras-shares-are-seeing-blue-skies-today">raised its expectations</a> on avocado volumes this year to take advantage of higher prices for the fruit.
&#8220;We now expect avocado volumes to be in the range of 14.5 million to 15.5 million pounds for fiscal year 2024 compared to previous guidance of 9 million to 10 million pounds, a more than 50% increase compared to prior guidance,&#8221; CEO Harold Edwards said on Monday during a third-quarter earnings call with analysts.
&#8220;We expect to complete the avocado harvest in the fourth quarter with approximately 4 million to 5 million pounds remaining. Keep in mind, we expect our fourth quarter to represent a record in avocado volume due to our timing and ability to hold the fruit to match a higher pricing environment.&#8221;
The company recorded $13.9 million&nbsp;of avocado revenue in the third quarter of fiscal year 2024, compared to&nbsp;$3.5 million&nbsp;in the third quarter of last fiscal year. 
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About 8.86 million pounds of avocados were sold in aggregate during the third quarter of fiscal year 2024 at a&nbsp;$1.57&nbsp;average price per pound, compared to approximately 2.82 million pounds sold at a&nbsp;$0.99&nbsp;average price per pound during the third quarter of fiscal year 2023.
Limoneira posted $63.3 million in net revenue for this year&#8217;s third quarter, up from $52.5 million a year ago.
Limoneira expects to expand avocado production by 1,000 acres over the next three years to take advantage of robust consumer demand but expects volume to be lower next year as a result of the yearly alternate bearing nature of avocado trees, CFO Mark Palamountain said.
The company expects avocado pricing to be lower in 2025 despite forecasting lower volume that year, he said.
&#8220;The company believes avocado pricing may be slightly lower compared to the current year pricing environment due to international circumstances,&#8221; he said.
Price Action: Shares of Limoneira were down 3.2% to $24.20 at the time of publication Tuesday.
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Why Avocado Toast May Get A Lot Cheaper

Lake Street analyst Ben Klieve downgrades Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) from Buy to Hold and maintains the price target from $25 to $25.

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Lake Street Downgrades Limoneira to Hold, Maintains Price Target to $25

The Company now expects avocado volumes to be in the range of 14.5 million to 15.5 million pounds for fiscal year 2024, compared to previous&nbsp;guidance&nbsp;of 9.0 million to 10.0 million pounds, a more than&nbsp;50%&nbsp;increase compared to prior&nbsp;guidance.&nbsp;
The Company now expects fresh lemon volumes to be in the range of 4.5 million to 5.0 million cartons for fiscal year 2024, compared to previous&nbsp;guidance&nbsp;of 5.0 million to 5.5 million cartons, due to lower fresh utilization from late season rains. The lemon harvest for fiscal year 2024 is approximately&nbsp;85%&nbsp;complete.

Limoneira Boosts Avocado Volume Guidance For FY24; Expects FY25 Avocado Volume To Be Lower Y/Y Due To The Alternate Bearing Nature Of Avocado Trees

Limoneira Says Strategic Alternatives Exploration To Maximize Stockholder Value Continues To Progress

Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.34 by 23.53 percent. This is a 2000 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $63.30 million which missed the analyst consensus estimate of $63.57 million by 0.41 percent. This is a 20.59 percent increase over sales of $52.50 million the same period last year.

Limoneira Q3 2024 Adj EPS $0.42 Beats $0.34 Estimate, Sales $63.30M Miss $63.57M Estimate

B. Riley Securities maintains Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) with a Buy and raises the price target from $24 to $28.

B. Riley Securities Maintains Buy on Limoneira, Raises Price Target to $28

Limoneira shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its guidance. Also, Lake Street maintained a Buy rating on the stock and raised its price target from $23 to $25.

Looking ahead, the Company is raising its outlook for non-GAAP EBITDA accretion to a range of $45 million to $55 million by fiscal year 2030, up from its previous target of $30 million. This increase is underpinned by plans to significantly expand avocado production by 1,000 acres over the next three years to capitalize on robust consumer demand trends. During this transition, the Company expects FY 2025 and FY 2026 operational results to be similar to FY 2024. These operational results do not take into account expected additional earnings from Harvest at Limoneira.

Limoneira Said It Is Raising Its Outlook For Non-GAAP EBITDA Accretion To A Range Of $45M-$55M By Fiscal Year 2030, Up From Its Previous Target Of $30M

Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.18 by 144.44 percent. The company reported quarterly sales of $44.606 million which missed the analyst consensus estimate of $53.963 million by 17.34 percent. This is a 7.21 percent decrease over sales of $48.070 million the same period last year.

Thursday June 6, 2024 Limoneira Reported Q2 Adj EPS $0.44 Beats $0.18 Estimate, Sales $44.606M Miss $53.963M Estimate

"Looking ahead, we continue to see a strong EBITDA outlook that is underpinned by plans to expand avocado production by 1,000 acres through fiscal ...

Limoneira sees FY25 avocado volume lower compared to FY24

The Company expects fresh lemon volumes to be in the range of 5M to 5.5M cartons for fiscal year 2025. Avocado volumes are expected to be in the ra...

Limoneira sees FY25  fresh lemon volumes  5M-5.5M cartons

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Limoneira Company (LMNR) Q4 2024 Earnings Call Transcript

Limoneira ( ($LMNR) ) has released its Q4 earnings. Here is a breakdown of the information Limoneira presented to its investors. Limoneira Company ...

Limoneira Reports Record Revenue Growth in 2024

Biggest stock movers Tuesday: X, INSW, CYTK, and more

Limoneira warns of lower avocado production in FY25

Biggest stock movers Thursday: Limoneira

Limoneira: Fiscal 2025 Looks Light, But A Great Long-Term Investment

Fresh Del Monte Produce Remains A Sweet Prospect Despite Continued Underperformance

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Press Releases

Limoneira Company Announces Second Quarter Fiscal Year 2024 Financial Results

Limoneira Declares Quarterly Dividend

Limoneira to Announce Third Quarter 2024 Financial Results on September 9, 2024

Limoneira Company Announces Third Quarter Fiscal Year 2024 Financial Results

Limoneira to Participate in Fireside Chat at Stephens Annual Investment Conference

Limoneira to Announce Fourth Quarter and Full Fiscal Year 2024 Financial Results on December 23, 2024

Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results

Limoneira to Present at the 27th Annual ICR Conference

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