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 Q1 2021

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Alico reports Q1 loss post-Hurricane Ian, eyes citrus grove growth

Alico faced a challenging Q1 2023 with a net loss of $3.2 million, primarily due to reduced revenue from fruit drop caused by Hurricane Ian, impacting total operating revenue.
Despite the challenges, the company maintained a stable financial position with working capital of $27.3 million and successfully extended its credit line to manage through the impacts.
Looking ahead, Alico sees opportunities in the productivity of its citrus groves, new tree plantations, and strategic land sales to drive future growth and revenue generation.

Alico reports Q2 loss post-Hurricane Ian, focuses on future growth

Alico faced revenue challenges from Hurricane Ian, leading to a net loss in Q2 2023. Despite this, the company maintains strong liquidity and a focus on future growth through investments in tree planting and new therapies.

Alico reports Q3 net income of $11.8M amidst citrus challenges

Alico navigated challenges from Hurricane Ian with resilience, leveraging insurance proceeds for financial stability.
Operational improvements like OTC therapy usage demonstrate a commitment to long-term sustainability and growth.
Strategic partnerships, upcoming harvest season, and cost management present opportunities for Alico's continued success.

Alico faces income loss post-Hurricane Ian but maintains financial stability

Alico navigated challenges from Hurricane Ian, resulting in decreased box production and a net income loss, but maintained financial stability with a strong balance sheet and proactive debt reduction strategies.
The company's focus on recovery efforts, including citrus tree rehabilitation and grove management, positions Alico for future growth opportunities despite the setbacks faced in the previous fiscal year.

Alico reports improved Q1 performance, debt reduction, and sustainability focus

Alico's Q1 2024 performance showed resilience in overcoming challenges, with a focus on debt reduction, sustainability, and operational improvements. The company remains cautiously optimistic about future harvests and its commitment to the citrus industry.

Alico faces citrus production challenges but pursues growth opportunities

Alico's Q2 2024 performance was impacted by Hurricane Ian's effects on citrus production, leading to a net loss, but the company remains focused on strategic initiatives to drive future growth and enhance shareholder value.
Despite challenges in citrus production and revenue timing, Alico is leveraging opportunities through increased tree treatments, contract renewals, and asset monetization to position itself for long-term success.

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FORT MYERS, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will present at the Investor Summit Group Q1 2022 Conference, to be held virtually March 8-9, 2022.

Alico, Inc. to Present at the Investor Summit Group Q1 2022 Conference

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The Agriculture - Operations industry looks well-placed for growth, driven by the solid demand for healthy and organic products amid challenging supply-chain conditions and high input costs. Players like ADM, CTVA, AGRO, CVGW and ALCO have placed themselves well.

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Alico, Inc. (ALCO) CEO John Kiernan on Q1 2022 Results - Earnings Call Transcript

FORT MYERS, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2021, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2021

Allico's market price has been held down by negativity regarding the Florida citrus industry with regard to HLB. But higher plantings kicking in suggest orange yield will go up and prices for their product remain high.

Alico Is Substantially Discounted To Its NAV While Earnings Are Poised To Grow

FORT MYERS, Fla., Dec. 30, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will present at the 24th Annual ICR Conference to be held at the Grande Lakes Hotel & Resort in Orlando, Florida from January 10-12, 2022.

Alico, Inc. to Present at 24th Annual ICR Conference

FORT MYERS, Fla., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced improvements to its Institutional Shareholders Services (“ISS”) Environmental, Social and Governance scores following the publication of the Company's inaugural Sustainability Report on December 8, 2021.

Alico, Inc. Provides Sustainability Report Summary and Highlights Ratings Agency Scoring Improvements

FORT MYERS, Fla., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) announced today the release and publication of its inaugural annual Sustainability Report. This report emphasizes Alico's commitment to measure and improve Alico's Environmental, Social and Governance (“ESG”) strategy and performance.

Alico, Inc. Publishes Inaugural Annual Sustainability Report

Alico, Inc. (ALCO) CEO John Kiernan on Q4 2021 Results - Earnings Call Transcript

Alico (NASDAQ:ALCO) reported its Q4 earnings results on Tuesday, December 7, 2021 at 07:30 AM. Here's what investors need to know about the announcement.

Alico: Q4 Earnings Insights

FORT MYERS, Fla., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2021, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2021 and Provides Initial Fiscal Year 2022 Financial Guidance

Alico (NASDAQ:ALCO) is set to give its latest quarterly earnings report on Tuesday, 2021-12-07. Here's what investors need to know before the announcement.

Earnings Preview For Alico

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Company to Host Conference Call at 8:30 AM Eastern Daylight Time Company to Host Conference Call at 8:30 AM Eastern Daylight Time

Alico, Inc. to Announce Fourth Quarter and Full Year 2021 Financial Results on Tuesday, December 7, 2021

FORT MYERS, Fla., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will attend the Roth Capital 10th Annual Technology & Inaugural AgTech Answers Virtual Event, to be held November 16-18, 2021. The Company will be hosting virtual one-on-one meetings on Tuesday, November 16, 2021. For more information on the conference or to schedule a one-on-one meeting with Alico, Inc. please contact investor.relations@alicoinc.com.

Alico, Inc. to Attend the Roth Capital 10th Annual Technology & Inaugural AgTech Answers Virtual Event

In this week's newsletter, we look at an undervalued citrus producer.

Small And MicroCap Newsletter: Alico Is Under-Valued With Strong Capital Allocation Underway

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Alico is the top grower for Tropicana. Recent plantings should lead to nice market share growth.

Alico Unlocks The Value Of Its Ranch Land Fueling Impressive Dividend Growth

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Challenging supply-chain conditions and high input costs are expected to mar the Agriculture - Operations industry. However, players like ADM, CTVA, AVO, AGRO and ALCO have placed themselves well with innovations and investments.

5 Agriculture Operations Stocks to Watch Amid Supply-Chain and Cost Woes

Alico, Inc. (ALCO) CEO John Kiernan on Q3 2021 Results - Earnings Call Transcript

Alico (ALCO) delivered earnings and revenue surprises of 54.55% and 18.67%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Alico (ALCO) Surpasses Q3 Earnings and Revenue Estimates

FORT MYERS, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2021 and the nine months ended June 30, 2021, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2021

Alico (ALCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Alico (ALCO) Reports Next Week: Wall Street Expects Earnings Growth

Alico is one of the largest citrus producers in the US, but it trades at a 22% discount on its land assets (at least). On top of that, it operates a profitable business that trades at 11x PE and yields 5.5%.

Alico: Overlooked Citrus Producer Trading At 11x PE, Yielding 5.5%, All While Trading At A Discount To Its Land Assets

Alico, Inc. to Announce Third Quarter 2021 Financial Results on Thursday, August 5, 2021

News for Alico Stock (ALCO)