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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

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Limoneira (LMNR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Limoneira (LMNR) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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 24th Annual ICR Conference, to be held January 10-12, 2022, at the JW Marriot Orlando

Limoneira to Present at the 24th Annual ICR 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 fourth quarter and full fiscal year ended October 31, 2021, on Monday, January 10, 2022, after the market close. The Company will host a conference call to discuss its financial results on Jan

Limoneira to Announce Fourth Quarter 2021 Financial Results on January 10, 2022

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 in a fireside chat at the Stephens 23rd Annual Investment Conference, to be held December

Limoneira to Host Fireside Chat at the Stephens 23rd Annual Investment 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, today announced the appointment of Elizabeth (Beth) Mora to the Company's Board of Directors. Following the appointment of Ms. Mora, the Board will be comprised of 11 directors, nine of whom are independent. Limoneira Chairman of the Board, Gordon Ki

Limoneira Announces Appointment of Elizabeth Mora to Board of Directors

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 that its 50%/50% real estate development joint venture with The Lewis Group of Companies (“Lewis”) has closed an additional 30 residential homesites with K. Hovnanian® Homes. The closing of these additional homesites now completes Pha

Limoneira's Joint Venture with Lewis Group of Companies Announces Additional Home Site Closings of 30 Residential Units with National Home Builder K. Hovnanian® Homes

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 investments, today announced that the Company's Board of Directors authorized the repurchase of up to $10.0 million of the Company's issued and outstanding common stock. Harold Edwards, President and Chief Executive Officer of the Company, stated, “The Board's d

Limoneira Announces $10 Million Share Repurchase Program

Limoneira Company (NASDAQ: LMNR) has signed a Memorandum of Understanding with Wileman Bros. & Elliott Inc. to join hands to sell their combined citrus volumes under the One World of Citrus Alliance.

Limoneira Enters JV With Wileman Bros. & Elliott For Combined Citrus Offerings

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 they have signed a Memorandum of Understanding with Wileman Bros. & Elliott, Inc., to come together to sell their combined citrus volumes under the One World of Citrus Alliance. Wileman Bros. & Elliott, Inc. is a 95-year-

Limoneira Company Announces Joint Venture with Wileman Bros. & Elliott, Inc.

Limoneira Co (NASDAQ: LMNR) reported a third-quarter FY21 sales decline of 8.4% year-on-year, to $49.12 million, beating the analyst consensus of $48.82 million. Agribusiness revenue fell 8.4% Y/Y.

Limoneira Q3 Result Manages To Top Consensus; Sales Decline 8.4%

Stock is down 25% in recent months. COVID was a major headwind, and in 2021 severe shipping delays and lower yields crushed volumes.

Limoneira: Ripe For A Turnaround

Limoneira Company (LMNR) CEO Harold Edwards on Q3 2021 Results - Earnings Call Transcript

Limoneira (LMNR) delivered earnings and revenue surprises of 11.11% and 0.75%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Limoneira (LMNR) Q3 Earnings and Revenues Surpass 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 third fiscal quarter ended July 31, 2021. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “Lemon pricing and fresh utilization was strong for the third quarter

Limoneira Company Announces Third Quarter Fiscal Year 2021 Financial Results

LMNR is set to give its latest quarterly earnings report on Wednesday , 2021-09-08. Here's what investors need to know before the announcement.

Preview: Limoneira's Earnings

Limoneira (LMNR) to Report Q3 Results: Wall Street Expects Earnings Growth

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 in Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference on Septembe

Limoneira to Participate in Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) 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, today announced preliminary financial results for the third quarter ended July 31, 2021. The Company's fresh lemon utilization has been strong as expected during the third fiscal quarter; however, supply constraints due to delayed harvests in Argenti

Limoneira Company Announces Preliminary Third Quarter Fiscal Year 2021 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 it has entered into a non-binding letter of intent to sell 25.28 acres of its 32 acre real estate asset referred to as “East Area 2” in Ventura County, California to Pacific Coast Investments, Inc. and/or its nominee (the “Buyer”) in

Limoneira Announces Letter of Intent for Sale of East Area 2 Property

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 that its 50%/50% real estate development joint venture with The Lewis Group of Companies (“Lewis”) has closed an additional 32 residential homesites. These homesites were purchased by Lennar, one of the primary guest builders in Phase

Limoneira's Joint Venture with Lewis Group of Companies Announces Additional 32 Homesite Closings with National Home Builder Lennar

Limoneira Company (LMNR) CEO Harold Edwards on Q2 2021 Results - Earnings Call Transcript

Shares of Limoneira (NASDAQ:LMNR) remained flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 225.00% year over year to $0.10, which beat the estimate of $0.06.

Limoneira: Q2 Earnings Insights

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, 2021. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “Our 14% second quarter top line growth was due to record second quarter l

Limoneira Company Announces Second Quarter Fiscal Year 2021 Financial Results

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses.

Limoneira's Earnings: A Preview

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, 2021, on Tuesday, June 8, 2021, after the market close. The Company will host a conference call to discuss its financial results on June 8, 2021, at 1:30 pm Paci

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