Limoneira (LMNR) Misses Q2 EPS by 8c, Beats on Revenue
Limoneira (NASDAQ: LMNR) reported Q2 EPS of ($0.29), $0.08 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $23.9 million versus the consensus estimate of $21.62 million.
Guidance
The Company continues to expect fresh lemon volumes to be in the range of 4.0 million to 4.5 million cartons for fiscal year 2026.
The Company now expects avocado volumes to be in the range of 5.5 million to 6.5 million pounds for fiscal year 2026, compared to the prior expectation of 5.0 million to 6.0 million pounds.
The Company expects to receive total proceeds of approximately $180 million from Harvest, LLCB II, LLC and East Area II spread out over seven fiscal years, of which $10 million was received in fiscal year 2025 and $15 million was received in fiscal year 2024.
For earnings history and earnings-related data on Limoneira (LMNR) click here.
