Published on 7 Mar 2024 on Zacks via Yahoo Finance
Limoneira (LMNR) Reports Q1 Loss, Tops Revenue Estimates
Limoneira (LMNR) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.53 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 37.93%. A quarter ago, it was expected that this agribusiness company would post a loss of $0.15 per share when it actually produced a loss of $0.15, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.