Limoneira shares fall after earnings just miss analyst estimates
Shares for Santa Paula lemon grower Limoneira tumbled in after-hours trading Sept. 10 after its reported earnings just missed analyst estimates. The company reported that revenues remained flat to the previous third quarter at $40 million, including a slight decline in agribusiness revenue as strong pricing and overall volumes of lemons and oranges were offset Read More →
Limoneira shareholders approve request to increase number of shares
Limoneira shareholders approved a board of directors request to increase its number of authorized shares March 28, but the company has no plans to issue additional stock this year, said CEO Harold Edwards. More than 100 shareholders gathered at the Ventura County Agriculture Museum in Santa Paula for the annual meeting to confirm three new Read More →
Limoneira’s third quarter revenues grow
Limoneira reported revenue increases for the third quarter of 2016, primarily from higher-than-expected sales and prices of its avocados. Revenues for the Santa Paula agribusiness and real estate development company grew 34 percent compared to the third quarter last year, from $29.8 million to $39.9 million, mirroring 35 percent growth in its agribusiness revenue to Read More →