Latest news with #LMNR
Yahoo
30-06-2025
- Business
- Yahoo
Limoneira Company (LMNR): Underperformed in Q1 2025 Amid Strategic Shift to Internal Growth
Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q1 2025 investor letter. A copy of the letter can be downloaded here. The Small Cap Core Strategy outperformed the Russell 2000 in Q1 2025, driven by strong stock selection and sector allocation. Within this strategy, the firm focuses on bottom-up fundamental research rather than making top-down macroeconomic bets. While much of the market discourse today is centered on tariffs and U.S. fiscal policy, the firm's focus remains on identifying high-quality companies. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Riverwater Partners Small Cap Strategy highlighted stocks such as Limoneira Company (NASDAQ:LMNR). Limoneira Company (NASDAQ:LMNR) is an agribusiness and real estate development company. The one-month return of Limoneira Company (NASDAQ:LMNR) was -0.38%, and its shares lost 22.06% of their value over the last 52 weeks. On June 26, 2025, Limoneira Company (NASDAQ:LMNR) stock closed at $15.86 per share, with a market capitalization of $286.574 million. Riverwater Partners Small Cap Strategy stated the following regarding Limoneira Company (NASDAQ:LMNR) in its Q1 2025 investor letter: "Limoneira Company (NASDAQ:LMNR) was our top detractor and underperformed in the first quarter of 2025, primarily due to the conclusion of its strategic review during this period, opting to focus on internal growth initiatives rather than pursuing external alternatives. This decision, while aimed at long-term value creation, may have contributed to short-term investor uncertainty, impacting stock performance. In short, our thesis remains that the company's assets currently trade at less than half of their true private market value. This is supported by the fact that management's strategy to increase cash flows and returns on capital is sound, focusing on: Converting lemon acreage to avocados which are 5 times more profitable per acre • Monetizing land and water rights • Optimizing existing lemon acreage to improve cash flow stability and lessen market volatility." A team of packing house workers packaging specialty citrus for customer orders. .Limoneira Company (NASDAQ:LMNR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held Limoneira Company (NASDAQ:LMNR) at the end of the first quarter, which was 5 in the previous quarter. In the second quarter of fiscal year 2025, Limoneira Company (NASDAQ:LMNR) reported total net revenue of $35.1 million, compared to $44.6 million in the same quarter of the previous fiscal year. While we acknowledge the potential of Limoneira Company (NASDAQ:LMNR) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of LMNR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
10-06-2025
- Business
- Yahoo
Limoneira Co (LMNR) Q2 2025 Earnings Call Highlights: Navigating Revenue Declines with ...
Total Net Revenue: $35.1 million for Q2 2025, down from $44.6 million in Q2 2024. Agribusiness Revenue: $33.6 million for Q2 2025, compared to $43.3 million in Q2 2024. Fresh Pack Lemon Sales: $19.7 million for Q2 2025, down from $25.8 million in Q2 2024. Avocado Revenue: $2.8 million for Q2 2025, up from $2.3 million in Q2 2024. Orange Revenue: $1.6 million for Q2 2025, up from $1.2 million in Q2 2024. Total Costs and Expenses: Decreased by 22% to $38.5 million for Q2 2025, from $49.3 million in Q2 2024. Operating Loss: Improved to $3.3 million for Q2 2025, from $4.7 million in Q2 2024. Net Loss: $3.5 million for Q2 2025, compared to net income of $6.4 million in Q2 2024. Adjusted EBITDA: Loss of $167,000 for Q2 2025, compared to a gain of $16.6 million in Q2 2024. Long-term Debt: $54.9 million as of April 30, 2025, compared to $40 million at the end of fiscal year 2024. Warning! GuruFocus has detected 4 Warning Signs with LAKE. Release Date: June 09, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Limoneira Co (NASDAQ:LMNR) is merging its citrus sales and marketing operations with Sunkist Growers, which is expected to improve supply chain efficiency and reduce costs. The partnership with Sunkist is projected to save approximately $5 million annually in selling and marketing expenses, enhancing EBITDA by the same amount. The merger provides Limoneira Co (NASDAQ:LMNR) access to a broader range of food service and retail customers, enhancing its market reach. The company is expanding its avocado production by 2,000 acres by the end of fiscal year 2027, which is expected to significantly enhance EBITDA as trees mature. Limoneira Co (NASDAQ:LMNR) is making progress in its real estate development project, Harvest at Limoneira, with strong home sales activity potentially accelerating Phase 3. Total net revenue for the second quarter of fiscal year 2025 decreased to $35.1 million from $44.6 million in the same quarter of the previous year. Agribusiness revenue declined due to an oversupplied lemon market, leading to significant pricing pressure. The company reported a net loss applicable to common stock of $3.5 million for the second quarter of fiscal year 2025, compared to a net income of $6.4 million in the same period of fiscal year 2024. Adjusted EBITDA for the second quarter of fiscal year 2025 was a loss of $167,000, compared to a gain of $16.6 million in the same period of fiscal year 2024. The transition of the citrus brokerage business to Sunkist will reduce Limoneira Co (NASDAQ:LMNR)'s topline revenue, although it is expected to improve operational capabilities and cost structure. Q: Can you confirm if the brokered fruit business revenue will be eliminated, but third-party cartons will still run through your facility? A: Yes, that's correct. The revenue from brokered fruit, which was about $27 million to $28 million in recent years, will be eliminated. However, third-party cartons will continue to be processed through our facility and reflected on the top line. - Harold Edwards, President and CEO Q: How should we think about the per box economics with the Sunkist deal? Is it a fixed cost model or variable? A: The model includes three components: leveraging Sunkist's wash and storage capacity to avoid lease costs, transitioning our sales and marketing staff to Sunkist, and benefiting from Sunkist's fixed fee for marketing services, which is lower than our previous costs. This structure will enhance our packing margins and is expected to increase our EBITDA by $5 million annually. - Harold Edwards, President and CEO Q: Will there be any balance sheet impact from the Sunkist transaction? A: The main impact will be on accounts receivable and credit, which will transition to the Sunkist system. We will maintain an inventory and sales position, which will help reduce costs and logistics on our side. - Mark Palamountain, CFO Q: Regarding the avocado harvest, are you comfortable with the fruit size and quality given the delay in harvest? A: Yes, the weather has been favorable, allowing us to hold the avocados on the tree longer, which should result in larger sizes and better pricing. We are confident in the market's strength and expect a good harvest. - Harold Edwards, President and CEO Q: Will the recent avocado plantings contribute to increased yield by fiscal 2026? A: Yes, our early plantings are progressing well, with some already yielding over 10,000 pounds per acre. We expect these plantings to contribute significantly to our goal of $50 million in EBITDA by 2030. - Mark Palamountain, CFO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
Limoneira: Fiscal Q2 Earnings Snapshot
SANTA PAULA, Calif. (AP) — SANTA PAULA, Calif. (AP) — Limoneira Co. (LMNR) on Monday reported a loss of $3.4 million in its fiscal second quarter. The Santa Paula, California-based company said it had a loss of 20 cents per share. Losses, adjusted for one-time gains and costs, came to 17 cents per share. The agribusiness company posted revenue of $35.1 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LMNR at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
