Alico

Alico, Inc. is a holding company, which engages in the operations of agriculture, land management, and natural resources. It operates through the Alico Citrus, and Land Management and Other Operations segments. The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment offers land leasing for recreational and grazing purposes, conservation, and mining activities. The company was founded on February 29, 1960 and is headquartered in Fort Myers, FL.

Earnings data Q4 2023

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Alico reports a decline in revenues due to damages caused by Hurricane Ian, but net income is not severely affected thanks to crop insurance payouts. The company remains hopeful for disaster relief funds and expects the upcoming 2023-24 harvest to show substantial recovery. Alico sees continued interest in its ranch lands and may have valuable real estate assets that could increase the overall value of the company.

Alico: Looking Forward To The Next Harvest

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ALCO, BWMN and BHLB have been added to the Zacks Rank #5 (Strong Sell) List on September 15, 2023.

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AFCG, ARR and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on September 1, 2023.

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ALCO, BAYRY and CCBG have been added to the Zacks Rank #5 (Strong Sell) List on August 25, 2023.

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FORT MYERS, Fla., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ: ALCO, "Alico" or "the Company"), an agriculture and land management company, today announced the departure of Perry G. Del Vecchio as the Company's Chief Financial Officer, effective as of August 16, 2023, and the hiring and appointment of Bradley Heine as his replacement, effective as of today, August 16, 2023.

Alico, Inc. Appoints Bradley Heine as Chief Financial Officer

Alico, Inc. (NASDAQ:ALCO ) Q3 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Gerard Sweeney - ROTH Capital Partners, LLC Operator Welcome to Alico's Third Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode.

Alico, Inc. (ALCO) Q3 2023 Earnings Call Transcript

Alico (ALCO) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of $0.08. This compares to loss of $0.21 per share a year ago.

Alico (ALCO) Reports Q3 Loss, Misses Revenue Estimates

FORT MYERS, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2023 and the nine months ended June 30, 2023, the highlights of which are as follows:

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2023

FORT MYERS, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2023, on Thursday, August 3, before the markets open.

Alico, Inc. to Announce Third Quarter 2023 Financial Results on Thursday, August 3, 2023

Hurricane Ian delivered a tremendous blow to the company and its stock. Near-and-long-term catalysts should emerge. The company's review of its land holdings could significantly improve the value of its land holdings.

Alico: Is Hurricane Ian Giving You An Opportunity?

NEW YORK--(BUSINESS WIRE)-- #ALCO--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Alico, Inc. (NASDAQ: ALCO) on behalf of long-term stockholders following a class action complaint that was filed against Alico on February 17, 2023 with a Class Period from February 4, 2021 to December 13, 2022. Our investigation concerns whether the board of directors of Alico have breached their fiduciary duties to the company. Throughout t.

ALICO ALERT: Bragar Eagel & Squire, P.C. is Investigating Alico, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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: Value Behind Short-Term Trouble

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: Reiterate Buy For Long-Term Investors

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, Inc. (ALCO) Q2 2023 Earnings Call Transcript

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.

Alico (ALCO) Reports Q2 Loss, Misses Revenue Estimates

FORT MYERS, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2023 and the six months ended March 31, 2023, the highlights of which are as follows:

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2023

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.

Alico, Inc. to Announce Second Quarter 2023 Financial Results on Thursday, May 4, 2023

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 18, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) securities between February 4, 2021 and December 13, 2022, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Alico, Inc. (ALCO)

LOS ANGELES , April 11, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Alico, Inc. ("Alico" or the "Company") (NASDAQ: ALCO).

ALCO Investors Have Opportunity to Lead Alico, Inc. Securities Fraud Lawsuit

NEW YORK , April 10, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Alico, Inc. ("Alico" or the "Company") (NASDAQ: ALCO) and certain officers.  The class action, filed in the United States District Court for the Middle District of Florida, and docketed under 23-cv-00107, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Alico securities between February 4, 2021 and December 13, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHAREHOLDER ALERT: Pomerantz Law Reminds Shareholders with Losses on their Investment in Alico, Inc. of Class Action Lawsuit and Upcoming Deadline - ALCO

NEW YORK , April 6, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alico, Inc. (NASDAQ: ALCO) between February 4, 2021 and December 13, 2022, both dates inclusive (the "Class Period"), of the important April 18, 2023 lead plaintiff deadline. SO WHAT: If you purchased Alico securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Alico, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - ALCO

NEW YORK , March 29, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alico, Inc. (NASDAQ: ALCO) between February 4, 2021 and December 13, 2022, both dates inclusive (the "Class Period"), of the important April 18, 2023 lead plaintiff deadline. SO WHAT: If you purchased Alico securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ALCO NOTICE: ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Encourages Alico, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ALCO

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ALCO, BEP and FFNW have been added to the Zacks Rank #5 (Strong Sell) List on March 24, 2023.

News for Alico Stock (ALCO)