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On Monday, June 10, Limoneira (NASDAQ:LMNR) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
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Analysts covering Limoneira have modeled for quarterly EPS loss of 1 cent on revenue of $45.41 million.
Limoneira reported a per-share profit of 44 cents when it published results during the same quarter last year. Sales in that period totaled $43.13 million. Analysts estimate would represent a 102.27 percent decrease in the company's earnings. Sales would be up 5.27 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.07 | -0.31 | 0.55 | 0.42 |
| EPS Actual | -0.11 | -0.3 | 0.5 | 0.44 |
Stock Performance
Shares of Limoneira were trading at $18.95 as of June 10. Over the last 52-week period, shares are down 22.24 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating from analysts on Limoneira stock is a Neutral. The strength of this rating has dwindled over the past three months.
Conference Call
Limoneira is scheduled to hold a conference call at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/d9cxxuc4
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.