Alico (ALCO) Scheduled to Post Quarterly Earnings on Monday

Alico (NASDAQ:ALCO) is scheduled to be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Alico to post earnings of ($0.15) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Alico (NASDAQ:ALCO) last issued its quarterly earnings results on Wednesday, February 7th. The company reported ($2.35) EPS for the quarter, missing the consensus estimate of ($0.29) by ($2.06). The business had revenue of $13.99 million for the quarter, compared to the consensus estimate of $11.50 million. Alico had a negative return on equity of 14.09% and a net margin of 110.84%. On average, analysts expect Alico to post $-3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Alico Price Performance

Shares of NASDAQ ALCO opened at $28.63 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.52 and a quick ratio of 1.05. The business has a 50-day moving average of $28.10 and a 200-day moving average of $28.03. The stock has a market capitalization of $218.16 million, a price-to-earnings ratio of 4.54 and a beta of 0.86. Alico has a fifty-two week low of $22.58 and a fifty-two week high of $31.00.

Alico Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.20 dividend on an annualized basis and a yield of 0.70%. Alico’s dividend payout ratio is 3.17%.

About Alico

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.