Limoneira Co reports results for the quarter ended January 31 - Earnings Summary

• Limoneira Co LMNR.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of two analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -24 cents to -17 cents per share.

• Revenue fell 13.7% to $34.31 million from a year ago; analysts expected $40.70 million.

• Limoneira Co's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $3.2 million.

• Limoneira Co shares had fallen by 13.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.​

• 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," 1 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Limoneira Co is $28.00

This summary was machine generated from LSEG data March 12 at 09:39 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)