ALCO Stock Recent News
ALCO LATEST HEADLINES
Alico reports a decline in revenues due to damages caused by Hurricane Ian, but net income is not severely affected thanks to crop insurance payouts. The company remains hopeful for disaster relief funds and expects the upcoming 2023-24 harvest to show substantial recovery. Alico sees continued interest in its ranch lands and may have valuable real estate assets that could increase the overall value of the company.
ALCO, BWMN and BHLB have been added to the Zacks Rank #5 (Strong Sell) List on September 15, 2023.
BLFS, ALCO and AFCG have been added to the Zacks Rank #5 (Strong Sell) List on September 13, 2023.
ALCO, CPRI and DG have been added to the Zacks Rank #5 (Strong Sell) List on September 7, 2023.
AFCG, ARR and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on September 1, 2023.
ALCO, BAYRY and CCBG have been added to the Zacks Rank #5 (Strong Sell) List on August 25, 2023.
Alico, Inc. (NASDAQ:ALCO ) Q3 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Gerard Sweeney - ROTH Capital Partners, LLC Operator Welcome to Alico's Third Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode.
Alico (ALCO) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of $0.08. This compares to loss of $0.21 per share a year ago.
FORT MYERS, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2023, on Thursday, August 3, before the markets open.
Hurricane Ian delivered a tremendous blow to the company and its stock. Near-and-long-term catalysts should emerge. The company's review of its land holdings could significantly improve the value of its land holdings.