Recap: Alico Q3 Earnings

Alico ALCO reported its Q3 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Alico missed estimated earnings by 450.0%, reporting an EPS of $-0.21 versus an estimate of $0.06.

Revenue was down $8.95 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 3.5% increase in the share price the next day.

Here's a look at Alico's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.01 -0.29 -0.48 0.33
EPS Actual 0.06 -0.24 -0.33 0.51
Revenue Estimate 51.40M 13.00M 1.90M 29.40M
Revenue Actual 49.64M 15.34M 4.00M 34.89M

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.

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