ALCO News | Roxom Stocks

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AL

Mkt Cap

$275.4M

Volume

38.74K

Next Earnings

November 23rd

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Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2024Alico, Inc. reported a net loss for the first quarter of fiscal year 2025 due to lower citrus production and no land sales, but expects to realize $20 million in land sales this fiscal year as it transitions to a diversified land company.Benzinga · Feb 12, 2025

Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024Alico, Inc. announced that it will release its financial results for the fourth quarter and full year 2024 on December 2, 2024, and will host a conference call to discuss the results.GlobeNewswire Inc. · Nov 29, 2024

Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last WeekAlico, Inc. sustained minimal tree damage from Hurricane Milton, with most of its citrus groves remaining intact. The company maintains crop insurance and plans to work with industry groups and government agencies to aid in recovery.GlobeNewswire Inc. · Oct 17, 2024

Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLifeAlico, Inc. has amended its credit agreement with MetLife, increasing its revolving line of credit from $25 million to $95 million and extending the maturity date to 2034. The company also paid off its current borrowings with Rabo Agrifinance.GlobeNewswire Inc. · Sep 17, 2024

Alico (ALCO) Reports Q3 Loss, Lags Revenue EstimatesAlico reported a quarterly loss of $0.27 per share, missing the Zacks Consensus Estimate of a loss of $0.25. The company's revenues of $13.61 million also missed the consensus estimate. Alico's stock has underperformed the S&P 500 so far this year.Zacks Investment Research · Aug 6, 2024

Alico, Inc. Announces New Supply Contract with TropicanaFORT MYERS, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that it entered into a new agreement with its largest customer to supply citrus fruit. This agreement is effective June 5, 2024 through July 31, 2027, subject to its terms and conditions.GlobeNewswire Inc. · Jun 10, 2024

Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real EstateFORT MYERS, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) has announced that Mitch Hutchcraft is joining the company in a newly created position as Executive Vice President of Real Estate, effective as of today.GlobeNewswire Inc. · May 28, 2024

Zacks Industry Outlook Highlights Corteva, Archer Daniels Midland, Alico and AdecoagroCorteva, Archer Daniels Midland, Alico and Adecoagro have been highlighted in this Industry Outlook article.Zacks Investment Research · May 13, 2024

4 Agriculture Operations Stocks to Watch Amid Elevated CostsThe Agriculture - Operations industry participants are witnessing higher costs due to fluctuating commodity prices, rising input costs and trade uncertainties. Innovations and improved consumer demand are likely to aid companies like CTVA, ADM, ALCO and AGRO.Zacks Investment Research · May 10, 2024

Alico (ALCO) Surpasses Q2 Earnings EstimatesAlico (ALCO) delivered earnings and revenue surprises of 285.71% and 55.39%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?Zacks Investment Research · May 6, 2024

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Last · Oct 2Quarterly

Amount$0.0500

Yield0.54%

Annual$0.20