Earnings Outlook For Limoneira
Portfolio Pulse from Benzinga Insights
Limoneira (NASDAQ:LMNR) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $-0.29. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with both misses and beats affecting stock prices variably. Shares are currently trading at $17.91, up 13.13% over the last year, indicating a generally positive outlook from long-term shareholders.
March 06, 2024 | 5:02 pm
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Limoneira is expected to report a quarterly EPS of $-0.29 on March 7, 2024. Past performance shows variable stock price reactions to earnings reports. Currently, shares are trading at $17.91, reflecting a 13.13% increase over the last year.
The expected EPS of $-0.29 and the anticipation of positive guidance suggest a cautious outlook for LMNR's short-term stock performance. Given the mixed past earnings performance and the current positive year-over-year share price increase, the short-term impact is neutral. Investors will likely focus on the guidance provided for future growth, which could sway the stock price more significantly than the earnings beat or miss itself.
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