Revenue Snapshot for Alico

Alico ALCO is expected to release its latest quarterly earnings report on Tuesday, 12/06/2022. Here's what investors need to know ahead of the announcement.

Analysts estimate Alico will earn earnings per share (EPS) of -$0.25.

Alico bulls are hoping to hear the company announce that it has not only beaten that estimate, but is also providing positive indications or expected growth for the next quarter.

New investors should note that sometimes it's not an earnings overshoot or miss that most affects a stock's price, but forecasts (or forecasts). Historical Earnings Performance

Last quarter, the company missed EPS by $0.27, which was followed by an 8.53% decline in share price the next day.< /p>

Here is an overview of Alico's past performance and the resulting price change:

Trimester Q3 2022 Q2 2022 Q1 2022 Q4 2021 EPS estimate 0.06 0.01 -0.29 -0.48 Actual EPS -0.21 0.06 -0.24 -0.33 Price change % -8.53% 3.5% -0.39% -0.31%

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021 EPS estimate 0.06 0.01 -0.29 -0.48 Actual EPS -0.21 0.06 -0.24 -0.33 Price change % -8.53% 3.5% -0.39% -0.31% Stock performance

Alico shares were trading at $30.19 on December 1. Over the past 52-week period, shares are down 16.19%. Since these returns are typically negative, long-term shareholders are likely upset as this earnings release approaches.

To keep up with all of Alico's earnings releases, check out their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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