Recap: Alico Q3 Earnings

Alico ALCO reported its Q3 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Alico missed estimated earnings by 450.0%, reporting an EPS of $-0.21 versus an estimate of $0.06.

Revenue was down $8.95 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 3.5% increase in the share price the next day.

Here's a look at Alico's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.01	-0.29	-0.48	0.33
EPS Actual	0.06	-0.24	-0.33	0.51
Revenue Estimate	51.40M	13.00M	1.90M	29.40M
Revenue Actual	49.64M	15.34M	4.00M	34.89M

To track all earnings releases for Alico visit their earnings calendar here.

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

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