Limoneira Co reports results for the quarter ended April 30 - Earnings Summary

• Limoneira Co LMNR.OQ reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents tozero cents per share.

• Revenue fell 21.3% to $35.12 million from a year ago; analysts expected $38.70 million.

• Limoneira Co's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of $3.49 million.

• Limoneira Co shares had fallen by 13.4% this quarter and lost 37.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 111.1% 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 also "buy"

• Wall Street's median 12-month price target for Limoneira Co is $27.00

This summary was machine generated from LSEG data June 9 at 09:01 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)