Investing.com - Limoneira reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Limoneira announced earnings per share of $0.41 on revenue of $58.92M. Analysts polled by Investing.com anticipated EPS of $0.235 on revenue of $51.39M.
Limoneira shares are down 19% from the beginning of the year , still down 27.83% from its 52 week high of $16.71 set on Friday, November 5, 2021. They are outperforming the Nasdaq which is down 24.18% year to date.
Limoneira follows other major Consumer Staples sector earnings this month
Limoneira's report follows an earnings beat by Walmart on Tuesday, August 16, 2022, who reported EPS of $1.77 on revenue of $152.86B, compared to forecasts EPS of $1.62 on revenue of $150.99B.
Estee Lauder had beat expectations on Thursday, August 18, 2022 with fourth quarter EPS of $0.42 on revenue of $3.56B, compared to forecast for EPS of $0.3219 on revenue of $3.42B.
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