Alico Inc reports results for the quarter ended December 31 - Earnings Summary

• Alico Inc ALCO.OQ reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-3.04. The lone analyst forecast for the quarter was for a loss of 93 cents per share.

• Revenue rose 20.8% to $16.89 million from a year ago; analysts expected $10.40 million.

• Alico Inc's reported EPS for the quarter was a loss of $1.20​.

• The company reported a quarterly loss of $9.17 million.

• Alico Inc shares had risen by 17.9% this quarter.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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

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

Wall Street's median 12-month price target for Alico Inc is $35.00

This summary was machine generated from LSEG data February 12 at 11:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)