Recap: Limoneira Q2 Earnings
Portfolio Pulse from Benzinga Insights
Limoneira (NASDAQ:LMNR) reported Q2 earnings with a 10.53% beat on estimated EPS at $0.21 and revenue up $1.32 million YoY. Last quarter, the company missed EPS estimates by $0.18, followed by a 4.53% increase in share price.
June 06, 2023 | 8:15 pm
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Limoneira's Q2 earnings beat estimates with a 10.53% higher EPS and increased revenue, potentially leading to a positive short-term impact on the stock price.
Limoneira's Q2 earnings exceeded expectations, with a 10.53% higher EPS than estimated and increased revenue compared to the same period last year. This positive financial performance may lead to a short-term increase in the stock price, as it did last quarter when the company missed EPS estimates but saw a 4.53% increase in share price the next day.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100