Limoneira Said It Is Raising Its Outlook For Non-GAAP EBITDA Accretion To A Range Of $45M-$55M By Fiscal Year 2030, Up From Its Previous Target Of $30M

6/7/24 2:32:19 PM ET

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Looking ahead, the Company is raising its outlook for non-GAAP EBITDA accretion to a range of $45 million to $55 million by fiscal year 2030, up from its previous target of $30 million. This increase is underpinned by plans to significantly expand avocado production by 1,000 acres over the next three years to capitalize on robust consumer demand trends. During this transition, the Company expects FY 2025 and FY 2026 operational results to be similar to FY 2024. These operational results do not take into account expected additional earnings from Harvest at Limoneira.

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Recent Analyst Ratings for
$LMNR

Date	Price Target	Rating	Analyst
9/10/2024		Buy → Hold	Lake Street
1/2/2024	$17.00 → $23.00	Buy	ROTH MKM
4/6/2023	$24.00	Buy	B. Riley Securities

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Limoneira to Participate in Fireside Chat at Stephens Annual Investment Conference
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 Annual Investment Conference, to be held November 19-21, 2024 in Nashville, Tennessee. Management will participate in a fireside chat on Thursday, November 21, 2024, at 1:00 pm ET. The fireside chat will be webcast live and archived at www.limoneira.com. Visitors to the website should select
11/7/24 8:30:00 AM ET
$LMNR
Farming/Seeds/Milling
Consumer Staples
Limoneira Declares Quarterly Dividend
On September 24, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on October 18, 2024, to stockholders of record on October 7, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate propert
9/25/24 4:05:00 PM ET
$LMNR
Farming/Seeds/Milling
Consumer Staples
Limoneira Company Announces Third Quarter Fiscal Year 2024 Financial Results
Net Revenues Grew 21% to $63.3 Million in Third Quarter of Fiscal Year 2024 Compared to Prior Year Operating Income in Third Quarter of Fiscal Year 2024 was $9.0 Million, Compared to Operating Loss of $1.5 Million in Prior Year Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados in Third Quarter of Fiscal Year 2024 Avocado Revenues Grew Over 300% to $13.9 Million in Third Quarter of Fiscal Year 2024 Company Significantly Increases Avocado Volume Guidance for Fiscal Year 2024 Strategic Alternatives Exploration to Maximize Stockholder Value Continues to Progress Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, pac
9/9/24 4:05:00 PM ET
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Limoneira Declares Quarterly Dividend
On September 24, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on October 18, 2024, to stockholders of record on October 7, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate propert
9/25/24 4:05:00 PM ET
$LMNR
Farming/Seeds/Milling
Consumer Staples
Limoneira Company Announces Third Quarter Fiscal Year 2024 Financial Results
Net Revenues Grew 21% to $63.3 Million in Third Quarter of Fiscal Year 2024 Compared to Prior Year Operating Income in Third Quarter of Fiscal Year 2024 was $9.0 Million, Compared to Operating Loss of $1.5 Million in Prior Year Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados in Third Quarter of Fiscal Year 2024 Avocado Revenues Grew Over 300% to $13.9 Million in Third Quarter of Fiscal Year 2024 Company Significantly Increases Avocado Volume Guidance for Fiscal Year 2024 Strategic Alternatives Exploration to Maximize Stockholder Value Continues to Progress Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, pac
9/9/24 4:05:00 PM ET
$LMNR
Farming/Seeds/Milling
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Limoneira to Announce Third Quarter 2024 Financial Results on September 9, 2024
Company to Host Conference Call at 1:30 pm Pacific Time 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, 2024, on Monday, September 9, 2024, after the market close. The Company will host a conference call to discuss its financial results on September 9, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562.
8/26/24 8:30:00 AM ET
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Limoneira Announces Change to Board of Directors
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 the retirement of Elizabeth Blanchard Chess from the Company's Board of Directors (the "Board"), effective January 1, 2024. Peter J. Nolan has been appointed to the Board, effective January 1, 2024, to fill the vacancy created by the retirement of Ms. Chess. Mr. Nolan will also serve as a member of the Board's Audit and Finance Committee and Risk Management Committee. Following the appointment of Mr. Nolan, the Board will be comprised of seven
12/18/23 8:30:00 AM ET
$LMNR
Farming/Seeds/Milling
Consumer Staples
Limoneira Company Announces Change to Board of Directors
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 the resignation of Robert M. Sawyer, effective November 1, 2022. Barbara Carbone has been appointed to the Board of Directors, effective November 1, 2022. Ms. Carbone will also serve as a member of the Board's Audit and Finance Committee and Risk Management Committee. The actions announced today are in addition to the enhancements made to the Board earlier this year with the appointment of Scott S. Slater as Chairperson of the Board of Direct
10/27/22 8:30:00 AM ET
$LMNR
Farming/Seeds/Milling
Consumer Staples
Limoneira Company Announces Resignation of Jesus Loza from its Board of Directors
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, stated, "On behalf of our Board and Limoneira's management team, we thank Chuy for his service and commitment to our Company. We greatly appreciate his insight and expertise throughout market cycles and the growth of One World of Citrus ™.
6/14/22 8:30:00 AM ET
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Consumer Staples

Limoneira Said It Is Raising Its Outlook For Non-GAAP EBITDA Accretion To A Range Of $45M-$55M By Fiscal Year 2030, Up From Its Previous Target Of $30M

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Recent Analyst Ratings for $LMNR

$LMNR Press Releases

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Limoneira to Participate in Fireside Chat at Stephens Annual Investment Conference

Limoneira Declares Quarterly Dividend

Limoneira Company Announces Third Quarter Fiscal Year 2024 Financial Results

$LMNR Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Limoneira Co

SEC Form SC 13G/A filed by Limoneira Co (Amendment)

SEC Form SC 13G/A filed by Limoneira Co (Amendment)

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Limoneira downgraded by Lake Street

ROTH MKM reiterated coverage on Limoneira with a new price target

B. Riley Securities initiated coverage on Limoneira with a new price target

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Limoneira shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its guidance. Also, Lake Street maintained a Buy rating on the stock and raised its price target from $23 to $25.