Education
About Us
Working with TipRanks
Follow Us
Limoneira Co (LMNR)
NASDAQ:LMNR
Earnings Data
Report Date
Mar 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.33Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced message: management laid out a clear multi‑year transformation plan with several tangible value drivers (Sunkist partnership, avocado expansion, organic recycling JV, significant real estate and water monetization opportunities) and quantifiable near‑term cost savings (~$10M in FY2026). However, fiscal 2025 results showed material operating and adjusted EBITDA losses, a significant year‑over‑year revenue decline (~16.6%), elevated debt (long‑term debt $72.5M) and temporary cash/earnings headwinds (strategic transformation charges, reduced avocado revenue due to alternate bearing). Overall, the company provided credible pathways to improve margins and diversify revenues, but near‑term financial metrics remain weak and will require execution of the announced initiatives to realize the projected benefits.Company Guidance
Sunkist Partnership and Immediate Cost Savings
Announced return to Sunkist expected to deliver approximately $10.0M in cost savings in fiscal 2026 (including an estimated 50% reduction in SG&A). Sales & marketing cost per carton reduced from ~$1.50 to $0.60, and improved access to premium retail and foodservice accounts (enhanced contracted exposure and category selling).
Avocado Acreage Expansion / Capacity Growth
1,500 acres planted with avocados (800 acres currently bearing, 700 acres nonbearing). The 700 nonbearing acres are expected to begin bearing over the next 3–4 years — representing nearly a 100% increase in production capacity; fiscal 2026 avocado volume guidance is 5–6M pounds.
Real Estate Pipeline and Expected Distributions
Harvest at Limoneira real estate project: expected future distributions of $155M over the next five fiscal years; Phase 3 includes ~500 home lots and ~300 apartments. Additional 35-acre East Area Two medical pavilion and Limco Del Mar (221-acre infill) represent material long‑term development value.
Organic Recycling Joint Venture
Planned 50/50 organic recycling JV with Agerman expected to process 300,000 tons annually and contribute $4–$5M in EBITDA beginning in fiscal 2027, adding a non‑commodity cash flow engine.
Asset Monetization Progress
Completed sale of Chilean assets for $15M; advancing monetization of Windfall Farms vineyard and Argentina agricultural assets (~$40M target by end of FY2026). Water rights monetization progressing (realized $1.7M this year).
Water Rights Value Opportunity
Company expects to capture $50–$70M in value through FY2027 from class three Colorado River water rights and Santa Paula Basin conserved pumping rights; positioned to participate in federal/state water programs tied to Colorado River adjustments.
Improvement in Lemon Sales Mix and Pricing (Q4)
Q4 fresh packed lemon sales rose to $19.2M with ~821k cartons sold at an average $23.33 per carton (vs 470k cartons at $17.95 prior year) — carton volumes +74.9% and average price per carton +29.9% year-over-year for the quarter.
Liquidity Actions and Banking Covenants
Received $10M distribution from real estate JV; negotiated more favorable banking covenants enabling continued access to the $115M credit facility (availability $41.6M as of 10/31/2025).
LMNR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LMNR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Dec 23, 2025 | $13.78 | $12.82 | -6.97% |
Sep 09, 2025 | $15.56 | $14.74 | -5.27% |
Jun 09, 2025 | $15.93 | $16.30 | +2.32% |
Mar 12, 2025 | $20.94 | $18.14 | -13.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Limoneira Co (LMNR) report earnings?
Limoneira Co (LMNR) is schdueled to report earning on Mar 05, 2026, After Close (Confirmed).
What is Limoneira Co (LMNR) earnings time?
Limoneira Co (LMNR) earnings time is at Mar 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LMNR EPS forecast?
LMNR EPS forecast for the fiscal quarter 2026 (Q1) is -0.33.