Limoneira's Q4 net loss widens, impacted by transformation costs

Overview

• Lemon and avocado grower's Q4 revenue beat analyst expectations

• Company's Q4 net loss widened due to $6.7 mln in strategic transformation costs

• Company plans to double avocado production capacity over next 3-4 years

Outlook

• Limoneira expects fresh lemon volumes between 4.0 mln and 4.5 mln cartons in fiscal 2026

• Company anticipates avocado volumes between 5.0 mln and 6.0 mln pounds in fiscal 2026

• Limoneira projects $10 mln in savings and enhanced operational efficiencies in fiscal 2026

Result Drivers

• STRATEGIC TRANSFORMATION - Q4 results impacted by $6.7 mln in transformation costs, including Sunkist transition and avocado expansion

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the fishing & farming peer group is "buy"

• Wall Street's median 12-month price target for Limoneira Co is $23.00, about 59.7% above its December 22 closing price of $14.40

• The stock recently traded at 480 times the next 12-month earnings vs. a P/E of 117 three months ago

Press Release: ID:nBw2bKDCca

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