Limoneira Company Announces Record Fiscal Year 2018 Financial Results and Reiterates Fiscal Year 2019 EPS Guidance
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Limoneira (LMNR) Tops Q4 EPS by 1c, Revenues Miss; Reiterates FY19 EPS Outlook
January 14, 2019 4:15 PM ESTLimoneira (NASDAQ: LMNR) reported Q4 EPS of ($0.30), $0.01 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $14.7 million versus the consensus estimate of $16.5 million.
Management Comments
Harold Edwards, President and Chief Executive Officer, stated, "We achieved record revenue and earnings in fiscal 2018, closed on two strategic acquisitions and improved our balance sheet with a successful equity offering. We expect the positive pricing environment for lemons experienced in 2018 to continue throughout... More
