Agricultural OperationsThis year’s California crop has been near flawless, with pricing up significantly due to continued demand strength and import issues from Mexico.
Business StrategyLimoneira’s operations show solid improvement, with an asset monetization strategy that still has room to run and an increasingly well-considered avocado expansion strategy.
Financial PerformanceRevenue, EBITDA, and EPS all met or exceeded estimates, with significant growth driven by avocado production which met high expectations.