Alico (NASDAQ:ALCO) reported its Q2 earnings results on Thursday, May 4, 2023 at 06:40 AM.
Here’s what investors need to know about the announcement.
Earnings
Alico missed estimated earnings by 1346.15%, reporting an EPS of $-1.62 versus an estimate of $0.13.
Revenue was down $28.35 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.53 which was followed by a 1.09% increase in the share price the next day.
Here’s a look at Alico’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.25 | 0.06 | 0.01 |
| EPS Actual | -0.84 | 0.17 | -0.21 | 0.06 |
| Revenue Estimate | 8.10M | 1.90M | 28.90M | 51.40M |
| Revenue Actual | 10.59M | 1.03M | 25.94M | 49.64M |
To track all earnings releases for Alico visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
