04:44 PM EDT, 06/09/2025 (MT Newswires) -- Limoneira ( LMNR ) reported fiscal Q2 adjusted loss late Monday of $0.17 per diluted share, swinging from earnings of $0.44 a year earlier.

Two analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended April 30 was $35.1 million, down from $44.6 million a year earlier.

Two analysts polled by FactSet expected $38.7 million.

The company adjusted its fiscal 2025 lemon volume guidance to 4.5 million to 5 million cartons from 5 million to 5.5 million cartons previously. It reiterated its avocado volume guidance to 7 million to 8 million pounds.

The company said it will merge its citrus sales and marketing unit into Sunkist Growers to enhance supply chains, facilitate up to $5 million in annual savings, and boost operations. The partnership is expected to begin in Q1 fiscal 2026.

Shares of the company were down 9% in after-hours activity.

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