ALCO Stock Recent News
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Alico's stock price dropped significantly due to the record breaking destruction of Hurricane Ian, which hit Florida in September 2022 and created a major fruit drop problem. The citrus production problems Alico is facing related to hurricane Ian are abnormally bad and not indicative of long-term problems. Alico's stock price should increase drastically as its 2024 harvest season numbers are reported and improvements in year-over-year citrus production begin to normalize.
Alico is one of the largest citrus growers in the U.S with ~49,000 acres of citrus groves in Florida. Hurricane Ian has made Alico's F2023 a writeoff.
Alico, Inc. (NASDAQ:ALCO ) Q2 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, welcome to Alico's Second 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 $1.62 per share versus the Zacks Consensus Estimate of $0.13. This compares to earnings of $0.06 per share a year ago.
FORT MYERS, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2023, on Thursday, May 4, before the market open.
ALCO, BEP and FFNW have been added to the Zacks Rank #5 (Strong Sell) List on March 24, 2023.
AMD, ASLE and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on March 22, 2023.
ALCO, ARCB and ARCE have been added to the Zacks Rank #5 (Strong Sell) List on March 15, 2023.
ALCO, AA and CPRI have been added to the Zacks Rank #5 (Strong Sell) List on February 22, 2023.
Alico Inc. (NASDAQ:ALCO ) Q1 2023 Earnings Conference Call February 6, 2023 8:30 AM ET Company Participants John Kiernan - President, Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Gerry Sweeney - Roth Capital Operator Welcome to Alico's first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode.