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Limoneira: Fiscal 3Q Earnings Snapshot

September 9, 2019

SANTA PAULA, Calif. (AP) _ Limoneira Co. (LMNR) on Monday reported a fiscal third-quarter loss of $990,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Santa Paula, California-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, were less than 1 cent on a per-share basis.

The agribusiness company posted revenue of $50.9 million in the period.

Limoneira expects full-year results to range from a loss of 22 cents per share to a loss of 12 cents per share.

Limoneira shares have declined 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.55, a decline of 43% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMNR at https://www.zacks.com/ap/LMNR

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