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Market Impact: 0.32

Limoneira (LMNR) Reports Q2 Loss, Tops Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals

Limoneira reported a quarterly loss of $0.29 per share, wider than the Zacks Consensus Estimate for a $0.26 loss and worse than the $0.17 loss a year ago. The miss versus expectations and year-over-year deterioration point to weaker near-term fundamentals. This is likely a stock-specific negative, but not a broad market event.

Analysis

Limoneira reported a quarterly loss of $0.29 per share, wider than the Zacks Consensus Estimate for a $0.26 loss and worse than the $0.17 loss a year ago. The miss versus expectations and year-over-year deterioration point to weaker near-term fundamentals. This is likely a stock-specific negative, but not a broad market event.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.30

Ticker Sentiment

LMNR-0.65