Alico Q4 EPS $(0.03) Down From $0.17 YoY
Portfolio Pulse from Benzinga Newsdesk
Alico (NASDAQ:ALCO) reported a decrease in Q4 EPS to $(0.03) from $0.17 YoY, marking a 117.65% decline in earnings per share compared to the same period last year.

December 06, 2023 | 9:22 pm
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NEGATIVE IMPACT
Alico reported a significant decrease in quarterly earnings per share, with a 117.65% drop from the same quarter last year.
The reported decrease in earnings per share is a strong indicator of reduced profitability compared to the previous year, which is likely to negatively affect investor sentiment and could lead to a short-term decline in Alico's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100