Limoneira Now Expects FY23 Fresh Lemon Volumes Of 4.7M-5.0M Cartons, Down From Previous Guidance Of 5.0M-5.4M Cartons
Portfolio Pulse from Benzinga Newsdesk
Limoneira has revised its FY23 fresh lemon volumes forecast downwards from 5.0M-5.4M cartons to 4.7M-5.0M cartons.
September 07, 2023 | 8:09 pm
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NEGATIVE IMPACT
Limoneira's downward revision of its FY23 fresh lemon volumes may negatively impact its stock price in the short term.
Limoneira's downward revision of its FY23 fresh lemon volumes indicates a potential decrease in revenues, which could negatively impact investor sentiment and lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100