Limoneira

Limoneira Co. is an agribusiness and real estate development company, which engages in the innovation of the agricultural citrus industry in California. It operates through the following segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. The Fresh Lemons segments focuses on the sale of fresh lemons, lemon by-products, brokered fruit and other lemon revenue. The Lemon Packing segment is involved in packing revenues and shipping and handling revenues relative to lemon packing. The Avocados segment includes sales, farming and harvest costs. The Other Agribusiness segment engages in sales, farming and harvest costs and brokered fruit costs of oranges, specialty citrus and other crops. The company was founded by Nathan W. Blanchard and Wallace L. Hardison in 1893 and is headquartered in Santa Paula, CA.

Earnings data Q2 2021

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Earnings data Q1 2025

Limoneira (LMNR) reports resilient Q1 performance and strategic growth plans

Limoneira's Q1 earnings call highlighted strong financial performance, strategic initiatives to drive growth, and challenges in the competitive citrus market. The company's focus on asset monetization, debt reduction, and market expansion positions it for long-term success amidst industry challenges and opportunities.

Limoneira reports resilient Q2 performance amidst challenges and growth plans

Limoneira's Q2 performance impacted by weather and pricing challenges but showed financial resilience.
Strategic initiatives focusing on asset optimization, partnerships, and debt reduction are driving growth.
Opportunities in water rights monetization and asset sales present avenues for further financial improvement.
Challenges in overseas markets and operational setbacks require strategic adjustments for sustained growth.

Limoneira reports strong Q3 results, eyes higher lemon pricing

Limoneira's Q3 performance reflects growth in key revenue streams but challenges in pricing and production targets.
The company's focus on debt reduction, margin improvement, and asset monetization positions it for stronger financial performance.
Opportunities in higher lemon pricing, water asset monetization, and operational improvements offer avenues for future growth.
Challenges in avocado revenue, production targets, and asset divestment require strategic management to navigate effectively.

Limoneira reports solid Q4 earnings, eyes growth through asset sales

Limoneira's Q4 2023 performance reflects resilience in meeting volume guidance and revenue growth despite challenges. The company's strategic shifts towards an asset-lighter model have yielded positive results, improving financial stability and operational efficiency. While facing financial challenges, Limoneira's focus on cost management and growth opportunities positions it for long-term success.

Limoneira reports improved Q1 earnings, focuses on avocado expansion

Limoneira's Q1 fiscal year 2024 showcased improved financial performance driven by strategic initiatives and a focus on avocado production.
Despite challenges from weather impacts and financial losses, the company remains financially strong with a stable debt position.
Opportunities lie in expanding avocado plantings, increasing revenue from real estate projects, and enhancing shareholder value through strategic shifts.
Overall, Limoneira's performance reflects a balance of strengths, challenges, and opportunities in navigating the agribusiness landscape.

Limoneira doubles adjusted EBITDA in Q2 2024, focuses on avocado expansion

Limoneira's Q2 2024 performance reflects strong adjusted EBITDA growth, strategic milestones, and a shift towards avocado production for long-term profitability.
While facing challenges such as revenue declines and debt levels, the company's focus on operational efficiency and growth initiatives positions it well for future opportunities.
By leveraging opportunities like optimizing harvest timing and capitalizing on market demand, Limoneira aims to drive financial performance, EBITDA growth, and shareholder value.

Limoneira reports robust Q3 earnings, explores strategic alternatives for growth

Limoneira's Q3 2024 showcased strong financial performance driven by avocado sales and real estate development, with a focus on reducing debt and exploring strategic alternatives.
Despite potential challenges in avocado pricing, the company remains optimistic about future growth opportunities and is actively expanding its avocado production capabilities.

Limoneira reports robust earnings, explores strategic growth opportunities

Limoneira's strong financial performance in Q4 and fiscal year 2024 reflects growth potential and operational resilience in core business segments.
While facing challenges in lemon volume and operational losses, the company's strategic initiatives and strong balance sheet position it well for future success.
Exploration of strategic alternatives and focus on operational improvements present opportunities for enhancing shareholder value and driving growth.
Overall, Limoneira's focus on maximizing operational efficiency and asset value underscores its commitment to long-term sustainability and profitability.

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The average of price targets set by Wall Street analysts indicates a potential upside of 40% in Limoneira (LMNR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 40% Upside in Limoneira (LMNR): Here's What You Should Know

Limoneira Closes $20 Million Sale of its Oxnard Packing Facility

Limoneira Company Announces Change to Board of Directors

Limoneira to Host Fireside Chat at the Stephens Annual Investment Conference

Limoneira Closes Sale of 17-Acre Property to Limoneira Lewis Community Builders, LLC

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Despite high inflation and tight supply conditions, the Agriculture - Operations industry looks poised to gain from solid demand, organic product growth and innovation. Players like ADM, CTVA, AGRO and LMNR have been doing well.

4 Agriculture Operations Stocks to Watch Amid Mixed Industry Trends

Limoneira stock has been great for trading and we think you should consider scaling in on the next bout of weakness. Operating income increased over 200% and the top line jumped 20%, driven by record avocado revenues and increased fresh lemon sales in Q3.

Limoneira: The Citrus King

Investors trade up the company's shares following a strong quarterly earnings report.

Why Limoneira Stock Blasted Nearly 11% Higher Today

Limoneira Company (NASDAQ:LMNR ) Q3 2022 Earnings Conference Call September 8, 2022 4:30 PM ET Company Participants John Mills - IR, ICR Harold Edwards - President & CEO Mark Palamountain - CFO Conference Call Participants Ben Bienvenu - Stephens Vincent Anderson - Stifel Financial Corp Ben Klieve - Lake Street Capital Markets Eric Larson - Seaport Research Partners Operator Greetings, and welcome to Limoneira's Third Quarter Fiscal Year 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Limoneira Company (LMNR) Q3 2022 Earnings Call Transcript

Limoneira (LMNR) delivered earnings and revenue surprises of 64% and 18.15%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Limoneira (LMNR) Surpasses Q3 Earnings and Revenue Estimates

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal third quarter ended July 31, 2022. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “Operating income increased over 200% and our top line by 20%, driven

Limoneira Company Announces Fiscal Third Quarter 2022 Financial Results

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the third quarter ended July 31, 2022, on Thursday, September 8, 2022, after the market close. The Company will host a conference call to discuss its financial results on September 8, 2022, at 1:3

Limoneira to Announce Third Quarter 2022 Financial Results on September 8, 2022

SANTA PAULA, Calif.--(BUSINESS WIRE)--The Board of Directors of Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced enhancements to its Board of Directors. Scott Slater is appointed Chairperson of the Board of Directors. Slater, who joined the board in 2012 succeeds Gordon Kimball, who is stepping down as Chairperson due t

Limoneira Company Announces Governance Enhancements for its Board of Directors

SANTA PAULA, Calif.--(BUSINESS WIRE)--The Board of Directors of Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Jesus “Chuy” Loza has decided to resign from its Board of Directors effective June 14, 2022 to focus his attention on continuing to lead Freska Produce. Limoneira Chairman of the Board, Gordon Kimball, s

Limoneira Company Announces Resignation of Jesus Loza from its Board of Directors

Limoneira Company (NASDAQ: LMNR) shares are trading higher after the company reported better-than-expected second-quarter EPS results. Limoneira reported quarterly earnings of 10 cents per share which beat the analyst consensus estimate of 7 cents by 42.86 percent.

Why Limoneira Company Shares Are Rising Today

Limoneira Company (NASDAQ:LMNR ) Q2 2022 Earnings Conference Call June 7, 2022 4:30 PM ET Company Participants John Mills - IR, ICR Harold Edwards - President & CEO Mark Palamountain - CFO Conference Call Participants Jack Atkins - Stephens Gerry Sweeney - ROTH Capital Ben Klieve - Lake Street Capital Markets Eric Larson - Seaport Research Partners Operator Greetings, and welcome to the Limoneira's Second Quarter Fiscal Year 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Limoneira Company (LMNR) CEO Harold Edwards on Q2 2022 Results - Earnings Call Transcript

Limoneira (LMNR) delivered earnings and revenue surprises of 42.86% and 4.79%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Limoneira (LMNR) Q2 Earnings Surpass Estimates

Limoneira Co. LMNR, +4.79% shares rose nearly 6% in the extended session Tuesday after the citrus and avocado producer reported second-quarter profit above Wall Street expectations and said it is exploring selling some of its assets amid price increases for its avocados. Limoneira said it earned $1.4 million, or 8 cents a share, in the fiscal second quarter, compared with $1.8 million, or 10 cents a share, in the second quarter of fiscal-year 2021.

Avocado, citrus producer Limoneira sees avocado prices even higher

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the second quarter ended April 30, 2022. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “We enter the second half of fiscal year 2022 with an improving topline dr

Limoneira Company Announces Fiscal Second Quarter 2022 Financial Results

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today its engagement with the Yuma Mesa Irrigation and Drainage District (“YMIDD”) in a two-year fallowing and forbearance program at the Company's Associated Citrus Packers ranch in Yuma, Arizona. The Lower Colorado River Basin is currentl

Limoneira Enters into a Two-Year Fallowing Program at its Associated Citrus Packers Ranch

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will be presenting at the Stifel 2022 Cross Sector Insight Conference, to be held June 7-9, 2022 in Boston, MA.

Limoneira to Present at the Stifel 2022 Cross Sector Insight Conference

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the second quarter ended April 30, 2022, on Tuesday, June 7, 2022, after the market close. The Company will host a conference call to discuss its financial results on June 7, 2022, at 1:30 pm Paci

Limoneira to Announce Second Quarter 2022 Financial Results on June 7, 2022

Limoneira's (LMNR) CEO Harold Edwards on Q1 2022 Results - Earnings Call Transcript

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the first quarter ended January 31, 2022. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “We achieved topline growth in the first quarter with revenue increasing

Limoneira Company Announces Fiscal First Quarter 2022 Financial Results

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will be participating at the 34th Annual Roth Conference, to be held March 13-15, 2022 in Dana Point, CA. The Co

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