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Limoneira Fiscal Q4 Adjusted Loss Narrows, Revenue Increases; Shares Fall
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Limoneira Fiscal Q4 Adjusted Loss Narrows, Revenue Increases; Shares Fall
Dec 23, 2024 2:02 PM

04:31 PM EST, 12/23/2024 (MT Newswires) -- Limoneira ( LMNR ) reported late Monday a fiscal Q4 adjusted net loss of $0.09 per diluted share, narrowing from $0.15 a year earlier.

One analyst polled by FactSet expected a loss of $0.07.

Revenue for the quarter ended Oct. 31 climbed to $43.9 million from $41.4 million a year earlier. Two analysts expected $42.5 million.

For its fiscal 2025, the produce and fruit grower is projecting avocado volumes of 7 million to 8 million pounds and fresh lemon volumes of 5 million to 5.5 million cartons.

Shares were down 6% in after-hours activity.

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