Alico, Inc. (ALCO) Q1 2025 Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q1 2025 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants John Mills - Managing Partner, ICR John Kiernan - President & CEO Brad Heine - CFO Conference Call Participants Operator Good morning, and welcome to Alico's First Quarter 2025 Earnings Call. Currently, all participants are in a listen-only mode.
- 02/13/2025
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Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2024
- Land Management and Other Operations Revenue Increased 45% Compared to Prior Year Robust Liquidity Position with $73.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 Company Expects to Realize Approximately $20 Million in Land Sales in Fiscal Year 2025 Company Executing Strategic Transformation to Become Diversified Land Company; Concludes Capital Investment on Citrus Operations After Current Crop is Harvested in 2025 FORT MYERS, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the first quarter ended December 31, 2024.
- 02/12/2025
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Alico, Inc. to Announce First Quarter 2025 Financial Results on Wednesday, February 12, 2025
- FORT MYERS, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2024, on Wednesday, February 12, 2025 after market close.
- 01/29/2025
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Alico, Inc. to Participate at Inaugural LD Micro Summit
- FORT MYERS, Fla., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the inaugural LD Micro Summit, a private, invite-only event designed to showcase a hand-picked group of dynamic companies. The conference will take place on Monday, February 3rd and Tuesday, February 4th, 2025 in Fort Lauderdale, FL. To register for the conference or one-on-one meeting, visit here.
- 01/28/2025
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Alico, Inc. to Present at The Microcap Conference 2025
- FORT MYERS, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present and host one-on-one meetings with investors at The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place on Thursday, January 30th, 2025 in Atlantic City, NJ.
- 01/27/2025
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Alico (ALCO) is on the Move, Here's Why the Trend Could be Sustainable
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Alico (ALCO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 01/21/2025
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Zacks Industry Outlook Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico
- Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico have been highlighted in this Industry Outlook article.
- 01/21/2025
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5 Prominent Agriculture Operations Stocks Navigating Market Challenges
- The Agriculture - Operations industry faces rising costs and trade uncertainties. Yet, companies like ADM, AGRO, AVO, CVGW and ALCO are primed for growth through innovation and demand for healthy products.
- 01/17/2025
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Alico: Winding Down Citrus Operations To Focus On Land Development
- Alico is transitioning from citrus operations to land development. Management believes it can unlock $650 - 750 million in enterprise value by developing its valuable land near Fort Myers and Tampa. This translates into over $80 / share. Despite potential short-term volatility, I maintain a speculative buy rating due to the long-term potential of Alico's vast land holdings.
- 01/07/2025
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Alico, Inc. to Present at 27th Annual ICR Conference
- FORT MYERS, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the 27th Annual ICR Conference being held on January 13-15, 2025 in Orlando, FL.
- 01/07/2025
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Alico, Inc. (ALCO) Q4 2024 Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q4 2024 Earnings Call Transcript December 2, 2024 8:30 AM ET Company Participants John Kiernan - President and CEO Brad Heine - CFO Operator Welcome to Alico's Fourth Quarter and Fiscal Year Ended 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 12/02/2024
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Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024
- FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company,” “we,” “us” or “our”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2024, the highlights of which are as follows:
- 12/02/2024
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Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024
- FORT MYERS, Fla., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2024, on Monday, December 2, 2024 before market open.
- 11/29/2024
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Alico: Hurricane Milton's Potential Impact And Earnings Preview
- Alico owns ~48,000 acres of citrus groves in Florida. Hurricane Milton likely damaged Alico's citrus groves for the upcoming 2025 season. However, the company's current valuation is low compared to the redevelopment potential of the citrus groves into residential real estate.
- 10/31/2024
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Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last Week
- FORT MYERS, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Initial assessments indicate that Alico, Inc. sustained minimal tree damage from Hurricane Milton last week.
- 10/17/2024
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Alico: A Post-Hurricane Buying Opportunity May Be Presenting Itself
- Alico has an abundance of asset value hidden away in the land that it owns. If Alico completes an entitlement of its 4,500 acres at its Corkscrew grove site then the company could see its net asset value increase from $32.01 to $51.13 per share. The upcoming uncertainty surrounding the impacts of Hurricane Milton on Florida may present investors with buying opportunities in the days and weeks ahead.
- 10/09/2024
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Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife
- FORT MYERS, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) (Nasdaq: ALCO) announced that, effective September 17 2024, it has amended its Credit Agreement (the “Amendment”) with Metropolitan Life Insurance Company, and New England Life Insurance Company (collectively “MetLife”), which, among other things (i) increases the borrowing capacity under the revolving line of credit (the “RLOC”) from $25 million to $95 million and (ii) now extends the maturity date of the RLOC to May 1, 2034. The RLOC is secured by real property, consisting of approximately 36,800 gross acres of citrus land. In addition, in connection with the Amendment, the Company paid off its current borrowings under the $70 million working capital line of credit, subject to cancellation of its outstanding letters of credit, with Rabo Agrifinance, Inc. and replaced the Rabo Agrifinance working capital line of credit, which was due to mature on November 1, 2025.
- 09/17/2024
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Top 4 Agriculture Operations Stocks to Watch as Industry Trends Improve
- The Agriculture - Operations industry is poised to grow on innovation and healthy product demand amid rising costs and trade uncertainties. Companies like CTVA, DOLE, AGRO, and ALCO are expected to benefit from innovations and increased consumer demand.
- 09/03/2024
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Alico: Florida Land Value Realization
- Florida land is becoming increasingly scarce and valuable, with Alico offering a cheap entry at $5,500 per acre. Alico's land value is estimated at $9,000 per acre, suggesting a 60% upside, but realizing this value could take years and face operational costs. Alico's citrus operations face challenges like Hurricane Ian damage and Citrus Greening, but improvements are expected with new deals, grants, and better treatments.
- 08/28/2024
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Alico, Inc. (ALCO) Q3 2024 Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q3 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants John Kiernan - President & Chief Executive Officer Brad Heine - Chief Financial Officer Operator Welcome to Alico's Third Quarter 2024 Conference Call. [Operator Instructions] As a reminder today's conference is being recorded.
- 08/06/2024
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Alico (ALCO) Reports Q3 Loss, Lags Revenue Estimates
- Alico (ALCO) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.73 per share a year ago.
- 08/05/2024
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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2024
- FORT MYERS, Fla. , Aug. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the third quarter of fiscal year 2024 and the nine months ended June 30, 2024, the highlights of which are as follows:
- 08/05/2024
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Alico: The Value Is In The Land
- Alico, Inc is a citrus grower and land management company in Florida, trading near 52-week highs. Alico has strong balance sheets, with high shareholder equity and a price/book value of 0.81, making it a potential value play. Despite risks such as hurricanes and citrus diseases, Alico's recent deal with Tropicana and discount to book value make it a buy for value investors.
- 07/31/2024
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Alico, Inc. to Announce Third Quarter 2024 Financial Results on Monday, August 5, 2024
- Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time
- 07/22/2024
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Alico, Inc. Announces New Supply Contract with Tropicana
- FORT 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.
- 06/10/2024
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The Bottom Fishing Club: Buy Alico's Florida Orange Groves At 50% Discount
- Alico is a Florida orange grove owner with 54,000+ acres, making it one of the largest U.S. citrus growers. Management estimates its grove and land holdings are worth as much as $635 million based on comparable property sales vs. $114 million listed on its balance sheet at cost. Using company numbers, I estimate a minimum after-tax liquidation value of $51 is available for investors at $26 per share today.
- 05/31/2024
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Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real Estate
- FORT 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.
- 05/28/2024
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Alico: Thesis Playing Out; Maintain Buy
- Alico's citrus groves were negatively impacted by Hurricane Ian in 2023, but improvements are expected in the current harvest. ALCO recently sold off the Alico Ranch, allowing the company to delever. The Company's current portfolio of citrus groves underpin $44/share in real estate value.
- 05/21/2024
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4 Agriculture Operations Stocks to Watch Amid Elevated Costs
- The 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.
- 05/10/2024
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Alico (ALCO) Surpasses Q2 Earnings Estimates
- Alico (ALCO) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.62 per share a year ago.
- 05/06/2024
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Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2024
- FORT MYERS, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, or “our”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2024 and the six months ended March 31, 2024, the highlights of which are as follows:
- 05/06/2024
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Alico, Inc. to Announce Second Quarter 2024 Financial Results on Monday, May 6, 2024
- Company to Host Conference Call on Tuesday, May 7, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Tuesday, May 7, 2024, at 8:30 AM Eastern Time
- 04/22/2024
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Alico, Inc. to Present at the 36th Annual Roth Conference
- FORT MYERS, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will present and host one-on-one meetings at the 36th Annual Roth Conference taking place in Dana Point, CA March 18th and 19th of 2024.
- 03/14/2024
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3 Agriculture Operations Stocks on the Radar as Inflation Hits Profits
- The Agriculture - Operations industry participants have been impacted by commodity price inflation, reduced export projections and higher costs. Companies like CTVA, DOLE and ALCO stand to gain on solid product portfolios and innovation plans.
- 02/16/2024
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Alico: Taking A Closer Look At The Company's Recovery Progress After Hurricane Ian
- Alico is just beginning its recovery from Hurricane Ian, and its current share price reflects the battering the company's operations have taken. I believe when you buy Alico, you are buying $33.19 worth of a company per share, and the stock price has been hovering around the $28.00-$29.00 range lately. Alico had also planted 2.2 million citrus trees in 2017 that take six to seven years to reach full maturity. These trees mark a significant increase in Alico's grove density.
- 02/13/2024
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Alico, Inc. (ALCO) Q1 2024 Earnings Call Transcript
- Alico, Inc. (ALCO) Q1 2024 Earnings Call Transcript
- 02/08/2024
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Alico (ALCO) Reports Q1 Loss, Tops Revenue Estimates
- Alico (ALCO) came out with a quarterly loss of $2.34 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.84 per share a year ago.
- 02/07/2024
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Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2023
- FORT MYERS, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the first fiscal quarter ended December 31, 2023, the highlights of which are as follows:
- 02/07/2024
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Alico, Inc. to Announce First Quarter 2024 Financial Results on Wednesday, February 7, 2024
- Company to Host Conference Call on Thursday, February 8, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Thursday, February 8, 2024, at 8:30 AM Eastern Time
- 02/05/2024
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Alico, Inc.: Invitation to The Microcap Conference
- Fort Myers, Florida--(Newsfile Corp. - January 26, 2024) - Alico, Inc. (NASDAQ: ALCO), a Florida-based agri-business, will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ. John Kiernan, President and CEO, will be presenting on January 31 & February 1, 2024.
- 01/26/2024
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Recent Price Trend in Alico (ALCO) is Your Friend, Here's Why
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Alico (ALCO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 01/22/2024
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Alico, Inc. to Present at Sidoti Virtual Investor Conference
- FORT MYERS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on January 17th and 18th of 2024.
- 01/12/2024
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Best Momentum Stocks to Buy for January 12th
- AFLYY, ALCO and AIZ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 12, 2024.
- 01/12/2024
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New Strong Buy Stocks for January 12th
- TM, AFLYY, ALCO, ML and SNAP have been added to the Zacks Rank #1 (Strong Buy) List on January 12, 2024.
- 01/12/2024
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Alico, Inc. to Attend the 2024 ICR Conference in Orlando, Florida
- FORT MYERS, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will attend the 26th ICR Conference in Orlando, Florida from the 8th through 9th of January.
- 01/05/2024
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Is Alico (ALCO) Stock Outpacing Its Consumer Staples Peers This Year?
- Here is how Alico (ALCO) and Archer Daniels Midland (ADM) have performed compared to their sector so far this year.
- 01/03/2024
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Alico (ALCO) Is a Great Choice for 'Trend' Investors, Here's Why
- Alico (ALCO) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
- 12/25/2023
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Alico, Inc. (ALCO) Q4 2023 Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q4 2023 Earnings Conference Call December 7, 2023 8:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Brad Heine - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH MKM Operator Good morning. Welcome to Alico's Fourth Quarter 2023 Earnings Conference Call.
- 12/07/2023
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Alico, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on Wednesday, December 6, 2023
- Company to Host Conference Call on Thursday, December 7, 2023, at 8:30 AM Eastern Time Company to Host Conference Call on Thursday, December 7, 2023, at 8:30 AM Eastern Time
- 12/01/2023
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Alico: Buy The Low-Hanging Fruit
- Alico's shares sold off following a dividend cut and hurricane damage to its citrus harvest. Shares continue trading at a discount to NAV despite substantially all trees remaining intact. Strategic project to invest in additional citrus tree plantings increased tree density within Alico citrus groves. Many new trees are now mature enough to produce meaningful fruit quantity. Alico has a significant amount of capital tied up in legacy assets that are non-core to the citrus business.
- 11/14/2023
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New Strong Sell Stocks for October 4th
- ALCO, ASIX and CRD.A have been added to the Zacks Rank #5 (Strong Sell) List on October 4, 2023.
- 10/04/2023
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Alico: Looking Forward To The Next Harvest
- 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.
- 09/17/2023
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New Strong Sell Stocks for September 15th
- ALCO, BWMN and BHLB have been added to the Zacks Rank #5 (Strong Sell) List on September 15, 2023.
- 09/15/2023
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New Strong Sell Stocks for September 13th
- BLFS, ALCO and AFCG have been added to the Zacks Rank #5 (Strong Sell) List on September 13, 2023.
- 09/13/2023
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New Strong Sell Stocks for September 7th
- ALCO, CPRI and DG have been added to the Zacks Rank #5 (Strong Sell) List on September 7, 2023.
- 09/07/2023
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New Strong Sell Stocks for September 1st
- AFCG, ARR and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on September 1, 2023.
- 09/01/2023
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New Strong Sell Stocks for August 25th
- ALCO, BAYRY and CCBG have been added to the Zacks Rank #5 (Strong Sell) List on August 25, 2023.
- 08/25/2023
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Alico, Inc. (ALCO) Q3 2023 Earnings Call Transcript
- 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.
- 08/05/2023
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Alico (ALCO) Reports Q3 Loss, Misses Revenue Estimates
- 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.
- 08/03/2023
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Alico, Inc. to Announce Third Quarter 2023 Financial Results on Thursday, August 3, 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.
- 07/20/2023
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Alico: Is Hurricane Ian Giving You An Opportunity?
- 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.
- 06/27/2023
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Alico: Value Behind Short-Term Trouble
- 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.
- 06/18/2023
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Alico: Reiterate Buy For Long-Term Investors
- 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.
- 05/08/2023
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Alico, Inc. (ALCO) Q2 2023 Earnings Call Transcript
- 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.
- 05/06/2023
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Alico (ALCO) Reports Q2 Loss, Misses Revenue Estimates
- 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.
- 05/04/2023
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Alico, Inc. to Announce Second Quarter 2023 Financial Results on Thursday, May 4, 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.
- 04/20/2023
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New Strong Sell Stocks for March 24th
- ALCO, BEP and FFNW have been added to the Zacks Rank #5 (Strong Sell) List on March 24, 2023.
- 03/24/2023
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New Strong Sell Stocks for March 22nd
- AMD, ASLE and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on March 22, 2023.
- 03/22/2023
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New Strong Sell Stocks for March 15th
- ALCO, ARCB and ARCE have been added to the Zacks Rank #5 (Strong Sell) List on March 15, 2023.
- 03/15/2023
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New Strong Sell Stocks for February 22nd
- ALCO, AA and CPRI have been added to the Zacks Rank #5 (Strong Sell) List on February 22, 2023.
- 02/22/2023
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Alico (ALCO) Q1 2023 Earnings Call Transcript
- Alico Inc. (NASDAQ:ALCO ) Q1 2023 Earnings Conference Call February 6, 2023 8:30 AM ET Company Participants John Kiernan - President, Chief Executive Officer Perry Del Vecchio - Chief Financial Officer Conference Call Participants Gerry Sweeney - Roth Capital Operator Welcome to Alico's first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode.
- 02/06/2023
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Alico (ALCO) Reports Q1 Loss, Tops Revenue Estimates
- Alico (ALCO) delivered earnings and revenue surprises of -170.97% and 30.72%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/06/2023
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Alico, Inc. to Announce First Quarter 2023 Financial Results on Monday, February 6, 2023
- Company to Host Conference Call at 8:30 AM Eastern Time Company to Host Conference Call at 8:30 AM Eastern Time
- 01/23/2023
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4 Steady Agriculture Operations Stocks to Steer Through a Wavering Industry
- The Agriculture - Operations industry looks poised to gain from solid demand, organic product growth and innovation amid inflation woes and tight supply conditions. Players like ADM, CTVA, AGRO and ALCO have been doing well.
- 01/09/2023
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Alico, Inc. (ALCO) Q4 2022 Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q4 2022 Earnings Conference Call December 13, 2022 4:30 PM 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 Fourth Quarter and Full-Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 12/16/2022
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Alico, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on Tuesday, December 13, 2022
- Company to Host Conference Call at 4:30 PM Eastern Time Company to Host Conference Call at 4:30 PM Eastern Time
- 12/12/2022
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Alico, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on Tuesday, December 6, 2022
- Company to Host Conference Call at 8:30 AM Eastern Time Company to Host Conference Call at 8:30 AM Eastern Time
- 11/28/2022
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Alico: Undervalued Asset Play
- Alico is one of the largest citrus growers in the U.S. It owns 49,000 acres of citrus groves and 25,000 acres of ranch land in Florida.
- 11/05/2022
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3 Safe Dividend Stocks Yielding Over 7%
- Bolster your passive income with these high-yielders.
- 10/26/2022
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New Strong Sell Stocks for September 14th
- ALCO, COHR, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 14, 2022.
- 09/14/2022
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New Strong Sell Stocks for September 6th
- ALCO, SPR and CVGI have been added to the Zacks Rank #5 (Strong Sell) List on September 6, 2022.
- 09/06/2022
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Want Passive Income? These 3 High-Yield Dividend Stocks Have Massive Growth Potential
- Not only do these companies pay out impressive dividends, but they also show potential for substantial growth over time.
- 09/02/2022
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New Strong Sell Stocks for August 30th
- ALCO, CBAN and LAKE have been added to the Zacks Rank #5 (Strong Sell) List on August 30, 2022.
- 08/30/2022
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New Strong Sell Stocks for August 26th
- BBBY, ALCO, and BGS have been added to the Zacks Rank #5 (Strong Sell) List on August 26, 2022.
- 08/26/2022
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New Strong Sell Stocks for August 22nd
- CHUY, ALCO, and EQX have been added to the Zacks Rank #5 (Strong Sell) List on August 22, 2022.
- 08/22/2022
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New Strong Sell Stocks for August 16th
- ALCO, AJRD, and AM have been added to the Zacks Rank #5 (Strong Sell) List on August 16, 2022.
- 08/16/2022
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Alico, Inc. (ALCO) CEO John Kiernan on Q3 2022 Results - Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q3 2022 Earnings Conference Call August 3, 2022 4:30 PM ET Company Participants John Kiernan – President and Chief Executive Officer Conference Call Participants Gerry Sweeney – ROTH Capital Operator Welcome to Alico's Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 08/03/2022
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Alico (ALCO) Reports Q3 Loss, Lags Revenue Estimates
- Alico (ALCO) delivered earnings and revenue surprises of -450% and 10.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2022
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Alico, Inc. to Announce Third Quarter 2022 Financial Results on Wednesday, August 3, 2022
- Company to Host Conference Call at 4:30 PM Eastern Daylight Time Company to Host Conference Call at 4:30 PM Eastern Daylight Time
- 07/27/2022
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14 June High-Yield And High-Rising Dividend Dogs Ready To Buy
- June 2022, The AAII Journal listed two sets of stocks sorted as: High-Yielding Dividend Payers, and Biggest Rising Dividend Payers. Those two articles revealed 40 dividend-paying-equities. The American Association of Individual Investors (AAII) is an independent non-profit corporation assisting individual investors through programs of education, information, and research.
- 06/16/2022
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Alico, Inc. to Present at the Sidoti Small Cap Investor Conference
- FORT MYERS, Fla., June 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the Sidoti Small Cap Conference, to be held virtually June 15-16, 2022.
- 06/06/2022
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The 7 Best Retirement Stocks to Buy Right Now
- Don't expect to find a lot of sexy growth stocks now. Look to solid income and solid growth you can invest in like these retirement stocks.
- 05/25/2022
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New Strong Sell Stocks for May 10th
- Teaser: ASX, ALCO, and CBAN have been added to the Zacks Rank #5 (Strong Sell) List on May 10, 2022.
- 05/10/2022
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Alico, Inc. (ALCO) CEO John Kiernan on Q2 2022 Results - Earnings Call Transcript
- Alico, Inc. (NASDAQ:ALCO ) Q2 2022 Results Conference Call May 9, 2022 4:30 PM ET Company Participants John Kiernan - President and Chief Executive Officer Rich Rallo - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH Capital Operator Welcome to Alico's Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 05/09/2022
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Get Paid a 5% Dividend Yield With This Orange Grower
- This Florida citrus grower is a tasty choice for dividend investors.
- 04/15/2022
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Alico, Inc. to Attend the Noble Capital Markets' Eighteenth Annual Investor Conference
- FORT MYERS, Fla., April 13, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will attend the Noble Capital Markets' Eighteenth Annual Investor Conference to be held April 19-21, 2022 at the Hard Rock Hotel & Casino, Hollywood, Florida.
- 04/13/2022
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Alico Stock: 5.3% Dividend Yield From Orange Juice Leader
- Alico has benefited from strong consumer demand for oranges and climbing market pricing.
- 04/02/2022
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Strength Seen in Alico (ALCO): Can Its 9.3% Jump Turn into More Strength?
- Alico (ALCO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 03/24/2022
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Alico, Inc. to Present at the Sidoti Small Cap Investor Conference
- FORT MYERS, Fla., March 10, 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 Sidoti Small Cap Investor Conference, to be held virtually March 23-24, 2022.
- 03/10/2022
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5 Stocks to Watch in a Prospering Agriculture Operations Industry
- 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.
- 02/11/2022
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Alico, Inc. (ALCO) CEO John Kiernan on Q1 2022 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q1 2022 Results - Earnings Call Transcript
- 02/03/2022
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Alico (ALCO) Reports Q1 Loss, Tops Revenue Estimates
- Alico (ALCO) delivered earnings and revenue surprises of 17.24% and 17.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2022
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Alico Is Substantially Discounted To Its NAV While Earnings Are Poised To Grow
- 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.
- 01/26/2022
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Alico, Inc. to Present at the Sidoti Small Cap Investor Conference
- FORT MYERS, Fla., Jan. 10, 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 Sidoti Small Cap Investor Conference, to be held virtually January 19-20, 2022.
- 01/10/2022
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Alico, Inc. to Present at 24th Annual ICR Conference
- 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.
- 12/30/2021
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Alico, Inc. (ALCO) CEO John Kiernan on Q4 2021 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q4 2021 Results - Earnings Call Transcript
- 12/07/2021
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Earnings Preview For Alico
- 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.
- 12/06/2021
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Alico, Inc. to Present at the Sidoti Microcap Investor Conference
- FORT MYERS, Fla., Nov. 29, 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 Sidoti Microcap Conference, to be held virtually December 8-9, 2021.
- 11/29/2021
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Alico, Inc. to Announce Fourth Quarter and Full Year 2021 Financial Results on Tuesday, December 7, 2021
- Company to Host Conference Call at 8:30 AM Eastern Daylight Time Company to Host Conference Call at 8:30 AM Eastern Daylight Time
- 11/23/2021
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Small And MicroCap Newsletter: Alico Is Under-Valued With Strong Capital Allocation Underway
- In this week's newsletter, we look at an undervalued citrus producer.
- 10/18/2021
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Alico Unlocks The Value Of Its Ranch Land Fueling Impressive Dividend Growth
- Alico Unlocks The Value Of Its Ranch Land Fueling Impressive Dividend Growth
- 10/05/2021
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Alico, Inc. to Present at the Sidoti Small Cap Investor Conference
- FORT MYERS, Fla., Sept. 14, 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 Sidoti Small Cap Investor Conference, to be held virtually September 22-23, 2021.
- 09/14/2021
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3 Defensive Stocks for the Value Investor
- If you want to make your portfolio more resilient so that it will be strong enough to cope with recessions, the following three defensive stocks may be suitable. Except for a few short periods over the last decade, these stocks have continued to generate earnings and dividends during economic recessions as they offer goods and services on which people do not typically cut their spending, not even in times of financial distress.
- 09/05/2021
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Alico, Inc. to Present at the Sidoti Microcap Investor Conference
- FORT MYERS, Fla., Aug. 09, 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 Sidoti Microcap Conference, to be held virtually August 18-19, 2021.
- 08/09/2021
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Alico, Inc. (ALCO) CEO John Kiernan on Q3 2021 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q3 2021 Results - Earnings Call Transcript
- 08/07/2021
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Alico (ALCO) Surpasses Q3 Earnings and Revenue Estimates
- 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?
- 08/05/2021
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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2021
- 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:
- 08/05/2021
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Alico (ALCO) Reports Next Week: Wall Street Expects Earnings Growth
- 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.
- 07/29/2021
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Alico: Overlooked Citrus Producer Trading At 11x PE, Yielding 5.5%, All While Trading At A Discount To Its Land Assets
- 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%.
- 07/22/2021
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Alico, Inc. Announces Substantial Increase in Dividend, Additional Ranch Land Sales and Update on ESG Initiative
- FORT MYERS, Fla., June 14, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces significant activities that will continue to support its business strategy and generate greater returns for our shareholders.
- 06/14/2021
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Alico, Inc. to Participate at the 21st Annual Oppenheimer Consumer Growth and E-Commerce Conference
- FORT MYERS, Fla., June 03, 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 host one-on-one and small group meetings at the Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference. The conference is being held June 15-16, 2021 in a virtual format. To schedule a meeting with Alico, please contact your Oppenheimer sales representative.
- 06/03/2021
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Alico, Inc. to Participate at the 16th Annual BMO Farm to Market Conference
- FORT MYERS, Fla., May 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 present at the 16th Annual BMO Farm to Market Conference.
- 05/10/2021
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Alico: A Very Conservative Company In A Stormy Industry
- Alico is facing many headwinds, which have produced stagnation in revenues during the last decade. The company has been divesting low-income producing land and gross profit margins are improving.
- 05/09/2021
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Alico, Inc. (ALCO) CEO John Kiernan on Q2 2021 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q2 2021 Results - Earnings Call Transcript
- 05/08/2021
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Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2021
- FORT MYERS, Fla., May 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2021 and the six months ended March 31, 2021, the highlights which are as follows:
- 05/05/2021
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Alico, Inc. Announces Strategic Actions to Increase Long-term Shareholder Returns
- FORT MYERS, Fla., May 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces significant enhancements that are expected to generate greater returns for our shareholders.
- 05/05/2021
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Alico, Inc. Announces Completion of Sale of Land to State of Florida
- FORT MYERS, Fla., April 15, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program, approximately 5,734 acres of Alico Ranch for $14.4 million, pursuant to an option agreement entered into between the State of Florida and Alico earlier this fiscal year.
- 04/15/2021
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Alico, Inc. to Participate at the 33rd Annual ROTH Conference
- FORT MYERS, Fla., March 04, 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 participate at the 33rd Annual ROTH Conference, to be held virtually March 15-17, 2021.
- 03/04/2021
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Alico, Inc. (ALCO) CEO John Kiernan on Q1 2021 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q1 2021 Results - Earnings Call Transcript
- 02/05/2021
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Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2020
- FORT MYERS, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2020, the highlights which are as follows:
- 02/04/2021
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Alico, Inc. to Present at 23rd Annual ICR Conference
- FORT MYERS, Fla., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the 23r d Annual ICR Conference to be held virtually January 11-14, 2021.
- 12/29/2020
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State of Florida approves option agreement with Alico to acquire approximately 5,804 acres of Alico Ranch
- FORT MYERS, Fla., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 5,804 acres of Alico Ranch for approximately $14.6 million under the Florida Forever program.
- 12/15/2020
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Alico, Inc. (ALCO) CEO John Kiernan on Q4 2020 Results - Earnings Call Transcript
- Alico, Inc. (ALCO) CEO John Kiernan on Q4 2020 Results - Earnings Call Transcript
- 12/08/2020
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Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2020, Increases Quarterly Dividend by 100% and Provides Initial Fiscal Year 2021 Financial Guidance
- FORT MYERS, Fla., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2020, the highlights which are as follows:
- 12/08/2020
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Alico, Inc. to Participate at the Roth Virtual Deer Valley Consumer Event
- FORT MYERS, Fla., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will participate at the Roth Virtual Deer Valley Consumer Event, to be held December 9-11, 2020.
- 11/23/2020
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Alico, Inc. to Announce Fourth Quarter and Full Year 2020 Financial Results on Tuesday, December 8, 2020
- Company to Host Conference Call at 8:30 AM Eastern Time Company to Host Conference Call at 8:30 AM Eastern Time
- 11/23/2020
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5 Undervalued Profitable Companies
- According to the GuruFocus discounted cash flow calculator as of Oct. 29, the following undervalued companies have a high margin of safety and have grown their margins over a 10-year period.
- 10/29/2020
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The Super Fruit Juices Market 2020-2024 - Featuring Asahi Group Holdings Ltd., Campbell Soup Co., Citrus World Inc., Among Others
- The Global Super Fruit Juices Market will grow by $ 5.69 bn during 2020-2024
- 10/22/2020
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Queensland 2030 climate target would be scrapped if LNP win election as state’s emissions rise
- Queensland greenhouse emissions account for 32% of Australia’s total and are trending upwards
- 10/21/2020
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Australian threatened species at risk due to government inaction over backlog of recovery plans
- Greens senators say development is being prioritised over environmental protection, putting ‘mining first and the koala last’
- 10/19/2020
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Biddeford pushes forward on developing climate action plan
- The city becomes the sixth community in Maine to declare a 'climate emergency' and will develop a plan to adapt to and mitigate the effects of climate change.
- 10/19/2020
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Reviewing China Liaoning Dingxu Ecological Agriculture Development (OTCMKTS:CLAD) & Alico (OTCMKTS:ALCO)
- China Liaoning Dingxu Ecological Agriculture Development (OTCMKTS:CLAD) and Alico (NASDAQ:ALCO) are both small-cap consumer staples companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk. Insider & Institutional Ownership 45.5% of Alico shares are owned by […]
- 10/19/2020
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'We have to change Queensland': the environmental issues at stake in the election
- Can Queensland break away from fossil fuel extraction and develop jobs and growth in a way that protects the state’s landscapes and ocean wonders?
- 10/17/2020
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Indigenous Philippines Community Looks to the Sky for Renewable Drinking Water Created from Sunlight and Air with SOURCE® Hydropanel Technology
- Today, SOURCE Global, PBC and Conservation International announced their third successful collaboration, which will deliver sustainable, clean drinkin
- 10/07/2020
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'Disappointing' environment budget short on new funding for Australian renewables
- The Australia Institute says the budget confirms the government’s commitment to fossil fuels with token support for green technologies
- 10/06/2020
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A Look Into Consumer Defensive Sector Value Stocks
- What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company’s future growth prospects. Low P/E...
- 10/02/2020
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Cambridge University to divest from fossil fuels by 2030
- Future research funding will also be scrutinised in response to climate crisis
- 10/01/2020
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Queensland strikes royalties deal with Adani coalmine, allowing it to defer payment
- Controversial agreement that has been years in the making was signed as the government prepares to enter caretaker mode ahead of the state election
- 10/01/2020
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Environmental groups excluded from Australian budget lockup
- Greenpeace says the government is ‘letting their mates in the room’ and keeping others out amid a planned gas expansion
- 09/25/2020
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Global Super Fruit Juices Market: COVID-19 Business Continuity Plan | Evolving Opportunities with Asahi Group Holdings Ltd. and Campbell Soup Co. | Technavio
- The Global Super Fruit Juices Market will grow by $ 5.69 bn during 2020-2024
- 09/22/2020
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Coalition began writing landmark environment bill before receiving review it had ordered
- Review of EPBC Act was delivered to government 11 days after process of drawing up legislation had begun
- 09/15/2020
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Smart Home Water Sensor and Controller Market in North America- Roadmap for Recovery from COVID-19 | Growth in Construction Projects in North America to boost the Market Growth | Technavio
- The Smart Home Water Sensor and Controller Market in North America will grow by USD 162.20 mn during 2020-2024
- 09/14/2020
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Alico, Inc. Announces Sale of Land to State of Florida
- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program, approximately 10,702
- 09/11/2020
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'Taking an eraser' to Australia's wildlife: ad blitz planned to fight environment law
- Coalition accused of ‘breach of faith’ as it seeks to introduce almost exact replica of failed Abbott government legislation
- 08/28/2020
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Kumurika uyu mwana mu nyamaswa: Imbabazi nyuma y’imyaka 114, kuki? - BBC News Gahuza
- Ota Benga yashimuswe muri Congo (DR Congo ubu) mu 1904 ajya kumurikwa mu nyamaswa muri Amerika.
- 08/28/2020
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Conservation Corps of Long Beach strikes deal to stay in Olympic Boathouse
- The Conservation Corps, which moved into the boathouse in 1996 and recently spent $80,000 to install a new roof with energy-efficient reflective panels, has agreed to spend another $120,000 for new…
- 08/27/2020
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Government finalises $3.6m Collinsville coal power plant grant despite disallowance motion
- Exclusive: Funding for Shine Energy goes ahead as disallowance motion backed by Labor and the Greens expected to be moved in federal parliament
- 08/26/2020
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State Street Corp Boosts Stock Position in Alico, Inc. (NASDAQ:ALCO)
- State Street Corp raised its stake in Alico, Inc. (NASDAQ:ALCO) by 35.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 101,872 shares of the company’s stock after buying an additional 26,481 shares during the quarter. State Street Corp’s holdings in Alico were worth $3,170,000 as of its most recent SEC filing. A number […]
- 08/10/2020
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MetLife Foundation Commits $500,000 to Lebanon Relief Effort
- MetLife Foundation announced today a commitment of $500,000 to help Lebanon recover and rebuild from the Beirut port explosion. “We were heartbroken t
- 08/07/2020
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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2020
- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2020 and the nine months ended June
- 08/06/2020
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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2020
- FORT MYERS, Fla., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2020 and the nine months ended June 30, 2020, the highlights which are as follows: * With the recent execution of two new Citrus supply agreements, the Company now has contracts in place that provide for prices per pound solid over the next several years which will be greater than the current year’s prices per pound solid. * Company entered into a new long-term agreement to provide citrus grove management for approximately 7,000 acres in southwestern Florida. * The coronavirus outbreak (“COVID-19”) did not impact the Company’s fiscal year 2020 harvest and has not had a material adverse impact on the Company’s overall business operations. * Company appoints two new Board members with Florida agriculture expertise and exceptional credentials. * Company provides Net Income and EBITDA guidance for the remainder of fiscal year 2020.Results of OperationsFor the nine months ended June 30, 2020, the Company earned net income attributable to Alico common stockholders of approximately $6.5 million and earnings of $0.86 per diluted common share, compared to net income attributable to Alico common stockholders of approximately $21.3 million and earnings of $2.85 per diluted common share for the nine months ended June 30, 2019. The decrease in net income attributable to Alico common stockholders is primarily due to a decline in the market price per pound solids for citrus fruit this past 2019/2020 harvest season because of unfavorable industry supply dynamics and a decrease in processed box production caused by greater fruit drop in the current harvest season as compared to the 2018/2019 harvest season. Partially offsetting this decrease was (i) funds awarded through the federal disaster relief program, (ii) a reduction in certain general and administrative costs and (iii) a gain on the sale of certain parcels on the east side of the Alico Ranch.When both periods are adjusted for certain non-recurring items, the Company had adjusted net income of $0.25 per diluted common share for the nine months ended June 30, 2020, compared to adjusted net income of $3.26 per diluted common share for the nine months ended June 30, 2019. Adjusted EBITDA for the nine months ended June 30, 2020 and 2019 was $17.7 million and $48.1 million, respectively.These financial results reflect the seasonal nature of the Company’s business. The majority of the Company’s citrus crop is harvested in the second and third quarters of the fiscal year; consequently, most of the Company's profit and cash flows from operating activities are typically recognized in those quarters and our working capital requirements are typically greater in the first and fourth quarters of the fiscal year.The Company reported the following financial results:(in thousands, except for per share amounts and percentages) Three Months Ended June 30, Nine Months Ended June 30, 2020 2019 Change 2020 2019 Change Net income attributable to Alico, Inc. common stockholders$2,096 $16,244 $(14,148)(87.1)% $6,458 $21,324 $(14,866)(69.7)% EBITDA (1)$7,518 $26,962 $(19,444)(72.1)% $23,932 $44,472 $(20,540)(46.2)% Adjusted EBITDA (1)$7,441 $26,720 $(19,279)(72.2)% $17,712 $48,058 $(30,346)(63.1)% Earnings per diluted common share$0.28 $2.17 $(1.89)(87.1)% $0.86 $2.85 $(1.99)(69.8)% Net cash provided by operating activities$9,433 $35,618 $(26,185)(73.5)% $21,121 $41,686 $(20,565)(49.3)% (1) See “Non-GAAP Financial Measures” at the end of this earnings release for details regarding these measures.Alico Citrus Division ResultsCitrus production for the three and nine months ended June 30, 2020 and 2019 is summarized in the following table.(in thousands, except per box and per pound solids data) Three Months Ended Nine Months Ended June 30, Change June 30, Change 2020 2019 Unit % 2020 2019 Unit % Boxes Harvested: Early and Mid-Season — — — NM 3,146 3,114 32 1.0% Valencias 1,905 3,492 (1,587)(45.4)% 4,165 4,790 (625)(13.0)% Total Processed 1,905 3,492 (1,587)(45.4)% 7,311 7,904 (593)(7.5)% Fresh Fruit 44 74 (30)(40.5)% 247 210 37 17.6% Total 1,949 3,566 (1,617)(45.3)% 7,558 8,114 (556)(6.9)% Pound Solids Produced: Early and Mid-Season — — — NM 17,947 16,873 1,074 6.4% Valencias 11,970 22,023 (10,053)(45.6)% 25,631 29,854 (4,223)(14.1)% Total 11,970 22,023 (10,053)(45.6)% 43,578 46,727 (3,149)(6.7)% Average Pound Solids per Box: Early and Mid-Season — — — NM 5.70 5.42 0.28 5.2% Valencias 6.28 6.31 (0.03)(0.5)% 6.15 6.23 (0.08)(1.3)% Price per Pound Solids: Early and Mid-Season — — — NM $1.74 $2.35 $(0.61)(26.0)% Valencias$2.03 $2.49 $(0.46)(18.5)% $1.95 $2.46 $(0.51)(20.7)% NM - Not meaningfulFor the nine months ended June 30, 2020, Alico Citrus harvested approximately 7.6 million boxes of fruit, a decrease of 6.9% from the same period of the prior fiscal year. The decrease was principally attributable to greater fruit drop in the current harvest season as compared to the prior harvest season. The Company saw a reduction in its average blended price per pound solid fall from $2.42 in the prior fiscal year to $1.86 in the current fiscal year, largely due to the Florida citrus crop being greater than expected in the 2018/2019 harvest season, leading to excess inventory levels at Florida citrus juice processors in the current harvest season. The price reduction was also impacted by the continued inflow of imported orange juice, though at lower levels than the prior year. Because of increased consumption of not-from-concentrate orange juice by retail consumers since February 2020, as indicated in the published Nielsen data, inventory levels at the Florida citrus juice processors have been decreasing. The Company expects this inventory trend will lead to improved market pricing improvement in the next harvest season.The Company’s harvesting activities were not impacted by the coronavirus pandemic, and there were no disruptions in delivering fruit to the processors. Additionally, to date, the Company has not experienced any material challenges to its operations from COVID-19.In July 2020, the Company entered into a long-term agreement to provide citrus grove management services, including harvest and haul responsibilities, to another top ten Florida grower, Barron Collier Companies. The Company will manage citrus operations for approximately 7,000 acres of Barron Collier groves in Collier and Hendry Counties, in exchange for a per acre management fee after being reimbursed for all of its costs incurred. Water Resources and Other Operations Division ResultsIncome from operations for the Water Resources and Other Operations Division for the nine months ended June 30, 2020 improved by approximately $0.4 million compared to the nine months ended June 30, 2019. This was primarily due to lower expenses related to the dispersed water project, as well as a reduction in land consulting expenses.As a result of the Company granting the State of Florida an option to purchase an approximate 10,700 acre parcel on the western part of Alico Ranch (the “State Option”), and because a sale of those acres would affect the proposed dispersed water management project, the Company has decided to suspend all permit approval activities for its dispersed water management project. The Company expects this transaction to close by the end of September 2020.Management CommentJohn Kiernan, President and Chief Executive Officer, commented, “Alico is deeply saddened by the passing of our former President and Chairman of the Board, Ben Hill Griffin, III, last month. Ben Hill Griffin, III was a champion for Florida citrus and led Alico through a time of strong growth. He was a role model as a true Floridian and leaves an indelible legacy in agriculture. Alico is forever proud to have donated the land for Florida Gulf Coast University under Ben Hill’s leadership. We extend our sincerest condolences to Mr. Griffin’s family and continue to strive to live up to the ideals that generations of Griffins set for Alico.We are proud to embark on a new business initiative working with Barron Collier to manage their citrus grove operations. This multi-year partnership allows Alico to leverage its existing grove management expertise. We currently own, operate and manage more than 31,000 net citrus acres and by adding approximately 7,000 Barron Collier net citrus acres to our platform it will enable Alico to continue to improve its economies of scale. We are delighted to have been able to add the majority of the Barron Collier citrus team members to our Alico team and are impressed with their professionalism and citrus grove management expertise. We believe that our combined best practices will improve all of our groves and continue to establish our position as a citrus industry leader. Alico will continue to pursue similar citrus grove management opportunities over the next year.To continue to become more transparent to our investors, Alico is providing limited financial guidance for the remainder of fiscal year ended September 30, 2020. As anticipated and discussed last quarter, Alico will realize lower earnings this fiscal year primarily because of lower market prices for citrus fruit. However, our new citrus supply agreements, which extend until 2024, have pricing mechanisms which will protect the Company in the event of over-supply.
- 08/06/2020
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Alico, Inc. Announces Two New Appointments to the Board of Directors
- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the appointment of two new members to the Company’s Board of Directors (the “Board”).
- 08/06/2020
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Alico, Inc. Announces Two New Appointments to the Board of Directors
- FORT MYERS, Fla., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the appointment of two new members to the Company’s Board of Directors (the “Board”). Joining our Board is Ms. Kate English and Mr. Adam Putnam. Ms. English will serve on the Compensation Committee and Nominating and Governance Committee. Mr. Putnam will serve on the Audit Committee and the Nominating and Governance Committee. Each will serve until the 2021 annual meeting of the Company’s shareholders or until her or his earlier death, resignation, or removal in accordance with the Amended and Restated Bylaws of the Company. This brings Alico’s total board membership to nine. Mr. Benjamin Fishman, Chairman of Alico’s board of directors, commented “We are pleased to welcome Ms. English and Mr. Putnam to our board of directors. They are both lifelong Floridians and bring decades of leadership in the area of agriculture as well as other land expertise that are vital to our future operations and strategy. The addition of these directors complements our current board of directors' skills and experiences, and we are confident they will provide valuable perspectives as we continue to execute our strategy, drive profitability and enhance value for all Alico’s shareholders. We look forward to their contributions and are excited they have joined Alico.”Ms. English is a Partner at Pavese Law Firm, whose practice concentrates on agricultural, environmental and land use law with an emphasis on developing value and maintaining productivity for larger properties. She has particular experience representing companies whose key businesses are farming, conservation and development. Before entering law school, she was a field representative for Florida Citrus Mutual, working with its grower members in nine counties in South and Southwest Florida. Mr. Putnam is the Chief Executive Officer of Ducks Unlimited, an American nonprofit organization dedicated to the conservation of wetlands and associated upland habitats for waterfowl, other wildlife, and people. Mr. Putnam also served as Florida’s Commissioner of Agriculture from 2011-2019 and was a US Congressman for five terms.For more information about Alico’s board of directors, please visit our site at http://ir.alicoinc.com/board-of-directors.About AlicoAlico, Inc. primarily operates two divisions: Alico Citrus, one of the nation’s largest citrus producers, and Alico Water Resources and Other Operations, a leading water storage and environmental services division. Learn more about Alico (Nasdaq: “ALCO”) at www.alicoinc.com.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Alico’s current expectations about future events and can be identified by terms such as “plans,” “expect,” “may,” “anticipate,” “intend,” “should be,” “will be,” “is likely to,” “believes,” and similar expressions referring to future periods.Alico believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements. Therefore, Alico cautions you against relying on any of these forward-looking statements. Factors which may cause future outcomes to differ materially from those foreseen in forward-looking statements include, but are not limited to: changes in laws, regulation and rules; weather conditions that affect production, transportation, storage, demand, import and export of fresh product and their by-products; increased pressure from diseases including citrus greening and citrus canker, as well as insects and other pests; disruption of water supplies or changes in water allocations; market pricing of citrus; pricing and supply of raw materials and products; market responses to industry volume pressures; pricing and supply of energy; changes in interest rates; availability of financing for land development activities and other growth and corporate opportunities; onetime events; acquisitions and divestitures; seasonality; labor disruptions; inability to pay debt obligations; inability to engage in certain transactions due to restrictive covenants in debt instruments; government restrictions on land use; changes in agricultural land values; Alico’s receipt of future funding from the state of Florida in connection with water retention projects; impact of the COVID-19 outbreak and the coronavirus pandemic on our agriculture operations, including without limitation demand for product, supply chain, health and availability of our labor force, the labor force of contractors we engage, and the labor force of our competitors; other risks related to the duration and severity of the COVID-19 outbreak and coronavirus pandemic and its impact on Alico’s business; the impact of the COVID-19 outbreak and coronavirus pandemic on the U.S. and global economies and financial markets; access to governmental loans and incentives; any reduction in the public float resulting from repurchases of common stock by Alico; changes in equity awards to employees; any increase in the public float resulting from the distribution by 734 Investors of its shares to its members; whether the Company's dividend policy, including its recent increased dividend amounts, is continued; expressed desire of certain of our stockholders to liquidate their shareholdings by virtue of past market sales of common stock by sales of common stock or by way of future transactions; political changes and economic crises; competitive actions by other companies; increased competition from international companies; changes in environmental regulations and their impact on farming practices; the ability to secure permits for the Water Storage Contract and Project from the South Florida Water Management District; the land ownership policies of governments; changes in government farm programs and policies and international reaction to such programs; changes in pricing calculations with our customers; fluctuations in the value of the U. S. dollar, interest rates, inflation and deflation rates; length of terms of contracts with customers; impact of concentration of sales to one customer; whether the State of Florida exercises an option to purchase approximately 10,700 acres of land from Alico; and changes in and effects of crop insurance programs, global trade agreements, trade restrictions and tariffs; and soil conditions, harvest yields, prices for commodities, and crop production expenses. Other risks and uncertainties include those that are described in Alico’s SEC filings, which are available on the SEC’s website at http://www.sec.gov. Alico undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.This press release also contain financial projections that are necessarily based upon a variety of estimates and assumptions which may not be realized and are inherently subject, in addition to the risks identified in the forward-looking statement disclaimer, to business, economic, competitive, industry, regulatory, market and financial uncertainties, many of which are beyond the Company’s control. There can be no assurance that the assumptions made in preparing the projected financial impact will prove accurate. Accordingly, actual results may differ materially from the projected financial impact. Investor Contact:Investor Relations (646) 277-1254 InvestorRelations@alicoinc.comRichard Rallo Senior Vice President and Chief Financial Officer (239) 226-2000 rrallo@alicoinc.com
- 08/06/2020
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Will The ROCE Trend At Alico (NASDAQ:ALCO) Continue?
- If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
- 08/06/2020
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Team, Inc. Reports Second Quarter 2020 Results
- Record Quarterly Gross Margin of 30.3% Since 2015 Reduced Quarterly SG&A to Lowest Level Since 2015Second Quarter 2020 * Operating cash flow of $26.3 million, resulted in free cash flow generation of $22.1 million * Reduced debt by over $26 million, achieved the lowest quarter-end debt level over the past four years * Gross margin of 30.3%, surpassed the same quarter last year and represents the strongest quarter since 2015 * Lowest quarterly SG&A since 2015 (pre-acquisitions); $22.7 million reduction, or 27.8% year-over-year to $58.9 million * Realized cost savings of $35 million, exceeded prior estimate of $20 to $25 millionSUGAR LAND, Texas, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2020.“We are pleased with our second quarter results, reflecting the tremendous efforts made by everyone in the company,” said, Amerino Gatti, TEAM’s Chairman and Chief Executive Officer. “TEAM’s second quarter was extremely challenging as we navigated through the pandemic, which caused significant stress and volatility for our clients and employees. Throughout the pandemic, we stayed true to our values by focusing on the health and safety of our employees while simultaneously meeting or exceeding the high quality of service our clients expect. This quarter’s results demonstrate our ability to execute efficiently and adapt quickly to changes in the marketplace. “Through our decisive and aggressive actions, we successfully aligned our cost structure to match the decline in industry activity and the unprecedented 40% drop in revenues in order to maintain margins. While we had previously committed to reducing our second quarter costs by $20 to $25 million, TEAM delivered approximately $35 million in savings during the quarter. Our focus on maintaining margin and reducing expenses allowed us to generate over $22 million in free cash flow and pay down over $26 million of debt, achieving the lowest quarter-end debt level over the past four years.“The market moved at a rapid pace throughout the quarter. Activity got off to a difficult start as many of our clients implemented stay-at-home restrictions, delayed projects and significantly cut capital expenditure plans. The unprecedented reduction in activity troughed in April and May, and slowly started to recover in June when global economies, travel and other regulatory restrictions improved. In fact, our Hot-Tapping service line had its best month of the year in June and early indications show our midstream activity is back to 2019 levels.“Looking ahead, we expect to see additional improvement in our end markets, led by onstream and call-out activity in the near term, followed by our nested business, and lastly projects and turnarounds later in the year. Continuing to manage what is in our control by making disciplined decisions and prudently evaluating current business economics to ensure costs do not outpace the recovery remains a top priority. We have identified $50 to $75 million of annualized structural and variable cost reductions for the year.“TEAM’s asset light and scalable operating model, coupled with the depth and breadth of our products and services, has made us even more agile, allowing us to flex with business demands. Our successful revenue diversification initiative expands our portfolio to provide differentiated products and services to a variety of clients across multiple end markets. We believe our geographic footprint, value-added product and service mix, and technology offerings offer TEAM a unique market position, particularly in this environment.“We remain committed to driving execution excellence and strong financial performance, to generate significant cash flow. We are taking actions to navigate near-term challenges, while relentlessly innovating for our clients and investing for the future to deliver long-term value for our stakeholders,” concluded Mr. Gatti.Financial ResultsConsolidated net loss in the second quarter of 2020 was $13.5 million ($0.44 loss per diluted share) compared to net income of $6.1 million ($0.20 earnings per diluted share) in the second quarter of 2019. Adjusted EBITDA, a non-GAAP measure, was $12.7 million for the second quarter of 2020 compared to $32.8 million for the prior year quarter. (See the accompanying reconciliation of non-GAAP measures at the end of this earnings release.)Consolidated revenues for the second quarter of 2020 were $189.3 million compared to $315.8 million in the prior year quarter. Revenue decreased due to lower activity levels primarily resulting from the impact of COVID-19 and the global oil supply/demand imbalance. In the second quarter of 2020, consolidated gross margin was $57.4 million, or 30.3%, compared with 30.0% in the same quarter a year ago.SG&A for the second quarter was $58.9 million, down $22.7 million, or a 27.8% improvement from the second quarter of 2019. The company’s adjusted measure of operating loss, Adjusted EBIT, was negative $0.2 million in the second quarter compared to a positive $16.7 million in the prior year comparable quarter.Second quarter 2020 reported results include certain net charges not indicative of Team’s core operating activities, including: $3.2 million of costs related to severance charges primarily associated with the OneTEAM program restructuring, $177,000 for OneTEAM program professional fees, and $782,000 of other professional fees and legal costs. Net of tax, these items totaled $3.3 million or $0.11 per diluted share.Adjusted net income or loss, Adjusted EBIT, Adjusted EBITDA and free cash flow are non-GAAP financial measures that exclude certain items that are not indicative of Team’s core operating activities. A reconciliation of these non-GAAP financial measures to the most comparable GAAP financial measures is at the end of this release.Segment ResultsThe following table illustrates the composition of the company’s revenue and operating income (loss) by segment for the quarters ended June 30, 2020 and 2019 (in thousands): Three Months Ended June 30, Increase (Decrease) 2020 2019 $% (unaudited) (unaudited) Revenues by business segment: IHT$80,474 $138,658 $(58,184) (42.0)% MS92,820 144,897 (52,077) (35.9)% Quest Integrity16,010 32,274 (16,264) (50.4)% Total$189,304 $315,829 $(126,525) (40.1)% Operating income (loss): IHT$4,740 $9,497 $(4,757) (50.1)% MS9,899 20,317 (10,418) (51.3)% Quest Integrity689 9,324 (8,635) (92.6)% Corporate and shared support services(19,694) (26,134) 6,440 24.6 % Total$(4,366) $13,004 $(17,370) (133.6)% Decrease in activity levels across the company were due to the negative impact of the COVID-19 pandemic and the oversupplied oil market that lead to certain clients temporarily closing facilities and/or curtailing operations, resulting in the postponement of client projects and lower demand for the company’s services. Mechanical Services (MS) and Inspection and Heat Treating (IHT) activity was negatively impacted by delays in large projects and turnaround activity. Also negatively impacting this quarter’s results was a temporary reduction in client nested activity as clients restricted access to facilities. Given the nature and locality of Quest Integrity’s business, Quest was particularly impacted by the pandemic as stay-at-home orders limited travel and necessitated quarantine restrictions. The travel restrictions resulted in many of Quest’s second quarter projects getting delayed until the second half of 2020. Cash and DebtConsolidated cash and cash equivalents were $15.6 million at June 30, 2020. We had approximately $53 million of available borrowing capacity with total liquidity of $69 million at June 30, 2020. The company’s net debt was $310.9 million at June 30, 2020, compared to $318.4 million at December 31, 2019.Non-GAAP Financial MeasuresThe non-GAAP measures in this earnings release are provided to enable investors, analysts and management to evaluate Team’s performance excluding the effects of certain items that management believes impact the comparability of operating results between reporting periods. These measures should be used in addition to, and not in lieu of, results prepared in conformity with generally accepted accounting principles (GAAP). A reconciliation of each of the non-GAAP financial measures to the most directly comparable historical GAAP financial measure is contained in the accompanying schedule for each of the fiscal periods indicated.Conference Call and Webcast DetailsTeam, Inc. will host a conference call on Wednesday, Aug. 5, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) to review its second quarter 2020 results.By Phone: Dial 1-888-699-2378 inside the U.S. or 1-847-852-4067 outside the U.S. at least 10 minutes before the call. A telephone replay will be available through Aug. 12, 2020 by dialing 1-855-859-2056 inside the U.S. or 404-537-3406 outside the U.S. using the Conference ID 1898231.By Webcast: The call will be broadcast over the web and can be accessed on Team’s website, www.teaminc.com under “Investor Relations.” Please log on at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.About Team, Inc.Headquartered in Sugar Land, Texas, Team Inc. (NYSE: TISI) is a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions. We deploy conventional to highly specialized inspection, condition assessment, maintenance and repair services that result in greater safety, reliability and operational efficiency for our client’s most critical assets.
- 08/04/2020
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Registration for Sidoti's 2020 Fall Virtual Investor Conference is Open Now
- Our Biannual Investor Conference has become a leading forum for small-cap companies to interface with investors specifically interested in the small-cap equities.
- 07/31/2020
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Team, Inc. Schedules Second Quarter 2020 Earnings Conference Call for Wednesday, August 5, 2020 at 10:00 a.m. Eastern Time
- SUGAR LAND, Texas, July 30, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) announced today that it will issue its second quarter 2020 results after the market closes on Tuesday, August 4, 2020. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, August 5, starting at 10:00 a.m. ET (9:00 a.m. CT). By Phone: Dial 1-888-699-2378 inside the U.S. or 1-847-852-4067 outside the U.S. at least 10 minutes before the call. A telephone replay will be available through August 12th by dialing 1-855-859-2056 inside the U.S. or 404-537-3406 outside the U.S. using the Conference ID 1898231. By Webcast: The call will be broadcast over the web and can be accessed on Team’s website, www.teaminc.com under “Investor Relations”. Please log on at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call. About Team, Inc.Headquartered in Sugar Land, Texas, Team Inc. (NYSE: TISI) is a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions. We deploy conventional to highly specialized inspection, condition assessment, maintenance and repair services that result in greater safety, reliability and operational efficiency for our client’s most critical assets. Through locations in more than 20 countries, we unite the delivery of technological innovation with over a century of progressive, yet proven integrity and reliability management expertise to fuel a better tomorrow. For more information, please visit www.teaminc.com.Contact:Susan Ball EVP & Chief Financial Officer (281) 331-6154
- 07/30/2020
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Alico - A Two Pillar Stock
- Significant asset value and significant earnings value. Potential downside case from citrus greening.
- 07/17/2020
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Village Farms International: Great Potential Coupled With Great Risk
- Declining sales and gross margins are putting Village Farms in a hurry for a turnaround. The company decided to bet in growing cannabis to improve gross margins.
- 07/17/2020
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Team, Inc. to Present at the CJS Securities 20th Annual New Ideas Summer Conference
- SUGAR LAND, Texas, July 13, 2020 -- Team, Inc. (“TEAM”) (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization.
- 07/13/2020
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Do Insiders Own Lots Of Shares In Alico, Inc. (NASDAQ:ALCO)?
- The big shareholder groups in Alico, Inc. (NASDAQ:ALCO) have power over the company. Large companies usually have...
- 07/07/2020
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Do Hedge Funds Like Team, Inc. (TISI)?
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 07/04/2020
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Joyce A. Phillips Appointed to Western Union Board of Directors
- Joyce A. Phillips Appointed to Western Union Board of Directors
- 07/01/2020
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Need To Know: The Consensus Just Cut Its Team, Inc. (NYSE:TISI) Estimates For 2020
- The analysts covering Team, Inc. (NYSE:TISI) delivered a dose of negativity to shareholders today, by making a...
- 06/26/2020
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ALICO, INC. : Ex-dividend day for | MarketScreener
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ALICO, INC. : Détachement de dividende | Zone bourse
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UBS Group AG Trims Stock Position in Alico, Inc. (NASDAQ:ALCO)
- UBS Group AG cut its holdings in shares of Alico, Inc. (NASDAQ:ALCO) by 17.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,096 shares of the company’s stock after selling 889 shares during the quarter. UBS Group AG owned about 0.05% of […]
- 06/22/2020
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Is Alico, Inc. (ALCO) A Good Stock To Buy?
- In this article we will take a look at whether hedge funds think Alico, Inc. (NASDAQ:ALCO) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]
- 06/22/2020
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5 Defensive Companies Trading With Low Price-Earnings Ratios
- Big Lots makes the list Continue reading...
- 06/09/2020
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Global Crop Production Market 2020 COVID-19 Impact, Share, Trend, Segmentation and Forecast to 2026
- Jun 08, 2020 (AB Digital via COMTEX) --
Crop Production Market: Executive Summary The global crop production market is expected to decline from $4509.2...
- 06/08/2020
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Alico, Inc. to Host One-On-One Meetings at the Oppenheimer 20th Annual Consumer Growth and E-Commerce Conference
- FORT MYERS, Fla., June 01, 2020 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer,.
- 06/01/2020
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Alico, Inc. to Host One-On-One Meetings at the Oppenheimer —…th Annual Consumer Growth and ...
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State Of Florida Approves Option Agreement With Alico To Acquire Approximately 10,684 Acres Of Alico Ranch
- Alico, Inc. ("Alico" or the "Company") (Nasdaq: ALCO) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 10,684 acres of Alico Ranch for approximately $28.5 million under the Florida Forever program.
- 05/28/2020
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Alico Reports State Of Florida Approved Entering Into Option Deal Submitted By Co. Which Grants State An Option To Purchase ~10.684K Of Alico Ranch For ~$28.5M
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State of Florida approves option agreement with Alico to acquire approximately 10,684 acres of Alico Ranch
- Alico, Inc. (“Alico” or the “Company”) (ALCO) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 10,684 acres of Alico Ranch for approximately $28.5 million under the Florida Forever program. If exercised, we expect the State to close on the purchase by the end of our 2020 fiscal year.
- 05/28/2020
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Do You Know What Alico, Inc.'s (NASDAQ:ALCO) P/E Ratio Means?
- Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...
- 05/23/2020
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Alico Reports New 4-Year Citrus Fruit Supply Deals
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Alico, Inc. Announces Execution of New Four-Year Citrus Fruit Supply Agreements
- Alico, Inc. (“Alico” or the “Company”) (ALCO) today announces it has entered into two new agreements with its largest customer to supply citrus fruit. Alico is proud of the successful business relationship we have been able to develop with this customer in recent years and we are both committed to meeting the challenges facing the Florida citrus industry with near-term patience and long-term focus.
- 05/21/2020
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Alico, Inc. Announces Execution of New Four-Year Citrus Fruit Supply Agreements
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Alico Q2 EPS $0.48 Down From $1.24 YoY, Sales $50.515M Up From $48.521M YoY
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Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2020
- FORT MYERS, Fla., May 11, 2020 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2020 and the six.
- 05/11/2020
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Alico, Inc. to Present at the 15th Annual BMO Farm to Market Conference
- Alico, Inc. (“Alico” or the “Company”) (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 15th Annual BMO Farm to Market Conference. The Company’s presentation will begin at 3:20 pm Eastern time on Wednesday, May 13, 2020. A live broadcast of the presentation will be available online in the Investor Relations section of the Company’s website at ir.alicoinc.com.
- 05/07/2020
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Alico, Inc. to Present at the –5th Annual BMO Farm to Market Conference
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5 High-Yield Stocks Trading With Low Price-Earnings Ratios
- Fortis makes the list Continue reading...
- 04/23/2020
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5 High-Yield Stocks Trading With Low Price-Earnings Ratios
- 5 High-Yield Stocks Trading With Low Price-Earnings Ratios, Stocks: ALCO,CBSH,DGX,ELP,FTS, release date:Apr 23, 2020
- 04/23/2020
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5 High-Yield Stocks Trading With Low Price-Earnings Ratios
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Does Alico, Inc. (NASDAQ:ALCO) Have A Particularly Volatile Share Price?
- If you're interested in Alico, Inc. (NASDAQ:ALCO), then you might want to consider its beta (a measure of share price...
- 04/20/2020
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Is It Smart To Buy Alico, Inc. (NASDAQ:ALCO) Before It Goes Ex-Dividend?
- Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Alico, Inc...
- 03/21/2020
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Should You Be Impressed By Alico, Inc.'s (NASDAQ:ALCO) ROE?
- Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- 03/12/2020
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Alico, Inc. to Present at the 32nd Annual ROTH Conference
- FORT MYERS, Fla., March 03, 2020 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive.
- 03/03/2020
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Global Air Filter Market Size, Share & Trends Analysis Report by Product Types, and ...
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Harbert Fund Advisors, Inc. Buys Dirtt Environmental Solutions, Alico Inc, Streamline Health ...
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What To Know Before Buying Alico, Inc. (NASDAQ:ALCO) For Its Dividend
- Is Alico, Inc. (NASDAQ:ALCO) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
- 02/11/2020
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Alico Q1 EPS $0.11 Up From $(0.33) YoY
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Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2019
- FORT MYERS, Fla., Feb. 06, 2020 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2019, the.
- 02/06/2020
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3 High Earnings Return Stocks for the Value Investor
- Their yields more than double the 20-year high-quality market corporate bonds' spot rate Continue reading...
- 01/21/2020
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' High Earnings Return Stocks for the Value Investor
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Stocks That Hit 52-Week Highs On Friday
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Stocks That Hit 52-Week Highs On Thursday
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Stocks That Hit 52-Week Highs On Wednesday
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Alico (NASDAQ:ALCO) Shareholders Booked A 36% Gain In The Last Three Years
- Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are...
- 01/12/2020
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Wall Street Brunch
- Welcome to Wall Street Brunch, our preview of stock market events for investors to watch during the upcoming week. You can also catch this article a day early
- 01/12/2020
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Stocks To Watch: Bright Lights On Healthcare And Retail
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 01/11/2020
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Alico, Inc. to Present at 22nd Annual ICR Conference
- FORT MYERS, Fla., Jan. 08, 2020 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer,.
- 01/08/2020
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Hedge Funds Are Buying Alico, Inc. (ALCO)
- Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
- 12/22/2019
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Stocks That Hit 52-Week Highs On Wednesday
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Stocks That Hit 52-Week Highs On Tuesday
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Alico Q4 EPS $2.21 Up From $0.09 YoY
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Alico, Inc. Announces Financial Results for Fiscal Year 2019
- FORT MYERS, Fla., Dec. 05, 2019 -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended.
- 12/05/2019
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A Potential Short-Term Opportunity Grows in the Florida Citrus Groves
- Alico Inc.'s largest shareholder is distributing its shares to its members, which could lead to a supply glut that depresses the stock and makes it a value buy.
- 11/22/2019
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Continental Grain Co Buys Alico Inc, Lamb Weston Holdings Inc, Sells Restaurant Brands ...
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Japan saw a generational and international shift for anime in the 2010s | The Japan Times
- The 2010s were dominated by a batch of new animators, bringing success stories to the big screen in Japan and overseas, while traditional TV anime gave way to streaming productions
- 11/13/2019
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Think Ocean: How it is key to our survival
- Global conservation charity, the Ocean Conservation Trust, has launched a campaign to get people thinking about the ocean. This week, the charity, which focuses on habitat restoration and behaviour change, came to London to meet its ‘Ocean Advocates’, who have signed up to help it deliver its important message far and wide.
- 11/08/2019
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Alico goes ex-dividend tomorrow
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Alico Q3 EPS $2.15 Up From $0.31 YoY
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Rising Demand and Increasing Adoption for "Global Light Vehicle Cabin Ac Filters Market" ...
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Long battle over, dam removal begins on Presumpscot River in Westbrook
- It's the first stage of a river restoration project that will allow water to flow freely through Upper Saccarappa Falls for the first time in centuries.
- 07/16/2019
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Alico goes ex-dividend tomorrow
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Alico Q2 EPS $1.01 Up From $(0.67) YoY, Sales $48.52M Up From $35.6M YoY
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Market Trends Toward New Normal in Echo Global Logistics, Texas Roadhouse, Flex Pharma, Berry ...
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Alico announces management changes
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Alico Names CFO John Kiernan CEO; Chief Accounting Officer Richard Rallo As CFO; Benjamin Fishman To Replace Hank Slack As Chair
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Alico Reports Sale Of 5.5K Acres Of Sensitive Lands To The Florida Cabinet For Devil's Garden Florida Forever Project
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Alico goes ex-dividend tomorrow
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Alico Q1 EPS $(0.33) Up From $(0.42) YoY, Sales $14.779M Down From $17.533M YoY
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Alico (ALCO) To Present At ICR Investor Conference - Slideshow
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Alico goes ex-dividend tomorrow
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Alico, Inc. Q4 EPS $(0.31) Up From $(0.86) YoY
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Alico Board Terminates Employment of President, CEO Remy Trafelet for Cause; Benjamin Fishman Named Interim President
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Investor Expectations to Drive Momentum within Cherokee, Safeguard Scientifics, Twitter, Alico, ...
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Towerview Llc Buys Saga Communications Inc, New York REIT Inc, DowDuPont Inc, Sells BRT ...
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Alico Inc (ALCO) President & CEO Remy W Trafelet Sold $–7.8 million of Shares
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Alico goes ex-dividend tomorrow
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Alico Announces Commencement Of Issuer Offer To Purchase Up To ~$20M Of Its Common Stock At $34/Share
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Oil Turns Bullish To Start The Month (Wall Street Breakfast Podcast)
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Alico Q3 EPS $1.11 Up From $0.66 YoY, Sales $26.52M Down From $51.518M YoY
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Alico goes ex-dividend tomorrow
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US-China trade talks yield farming deal
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Alico Q2 EPS $(0.67), Made $35.6M Sales
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Alico Trades At Large Discount To NAV
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Alico goes ex-dividend tomorrow
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Alico Reports Q1 Adj. EPS $(0.42) vs $(0.22) In Same Qtr. Last Year, Sales $17.533M vs $17.445M YoY
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Alico goes ex-dividend tomorrow
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Alico Reports Q4 EPS $(2.29) vs $(0.41) In Same Qtr. Last Year, Sales $123.441M vs $137.282M YoY
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UPDATE: Alico Says 'Alico Citrus is reducing total expenses per acre from $3,314/acre in FY16 to $2,164/acre when Alico 2.0 is fully implemented'
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Alico, Inc. Announces Fiscal Year —…–7 Fourth Quarter Dividend
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Alico Weathers Hurricane Irma and Pledges $—5…,……… for Local Relief Efforts
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Alico Reports Q3 EPS $0.66 vs $0.56 In Same Qtr. Last Year, Sales $51.518M vs $46.853M YoY
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Towerview Llc Buys Alico Inc, Prism Technologies Group Inc, Sells Belmond
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8-K from Alico Shows New $2M Buyback Plan
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Alico Reports Q2 EPS $0.70 vs $1.05 in Same Qtr. Last Year, EBITDA $16.41M
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Towerview Llc Buys Alico Inc, Prism Technologies Group Inc, Sells Belmond
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Towerview Llc Buys Alico, Prism Technologies Group, Sells Belmond
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Alico declares $0.06 dividend
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Alico Reports Q1 EPS $(0.21) vs. Prior Year Quarter $(0.36)
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Don't Buy Deepwater Drilling Stocks - Cramer's Lightning Round (1/10/17)
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Alico declares $0.06 dividend
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Alico Q4 Loss/Share $(0.37); Revenue $6.959M
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Alico declares $0.06 dividend
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Alico Is Attractive On A Sum-Of-The-Parts Basis
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Alico Reports Q3 EBITDA $37.4M, Net Income $10.4M, EPS $0.56 vs $1.11 in Same Qtr. Last Year
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Alico: Compelling Buy Despite Citrus Greening Risk
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Alico Reports Q2 EPS $1.02 Vs Prior $1.04
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InsiderInsights.com Daily Round Up 3/28/16: Rentech Nitrogen Partners, Patriot National, Broadvision
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Alico declares $0.06 dividend
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Alico Reports Q1 Adj. EPS $(0.29), sales $20.604M
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Alico Q4 EPS ($0.25), Revenue $13M
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Small Cap Agriculture Stocks to Grow Your Portfolio (CHSCP, ALCO & STVF)
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Alico declares $0.06 dividend
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Alico Reports Q3 Adj. EPS $1.25, Sales $68.8M
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Diversifying Into Niche Land Holdings Found In Alico
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Alico Sees Heavy Insider Buying And Hedge Fund Investment
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InsiderInsights.com Daily Round Up 6/12/15: KMI, UIHC, CVT, VEEV
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Alico declares $0.06 dividend
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UPDATE: Alico CFO W. Mark Humphrey Resigned to Pursue Other Opportunities
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Alico Reports Q2 Adj. EPS $0.76, Operating Sales $55.122M
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Alico COO Smith Steps Down, Expecting Interim COO To Be Clay Wilson
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InsiderInsights.com Daily Round Up 3/24/15: FANG, GLP, CPTA, ANET
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InsiderInsights.com Daily Round Up 3/23/15: ANF, OPK, HEES, MLNK
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InsiderInsights.com Daily Round Up 3/19/15: FANG, HEES, GLP, ASYS
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Alico Director Trafelet Buys 10,100 Shares @$45.69/Share -Form 4
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InsiderInsights.com Daily Round Up 3/13/15: KMI, DO, CSBR, WIW
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InsiderInsights.com Daily Round Up 3/6/15: BK, OAS, GPC, CAPL
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Alico Director Brokaw Buys 8,372 Shares @$44.90/Share -Form 4
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Top 4 Small-Cap Stocks In The Farm Products Industry With The Highest ROE
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Alico declares $0.06 dividend
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InsiderInsights.com Daily Round Up 2/25/15: ASYS, MRC, CRR, ALCO
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Alico Reports Q1 EPS $0.78, Sales $16.2M
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Top 4 NASDAQ Stocks In The Farm Products Industry With The Highest EPS
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InsiderInsights.com Daily Round Up 12/23/14: CIE, GLP, ENH, HCOM
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InsiderInsights.com Daily Round Up 12/22/14: LTS, GLP, WIA, GDLPRB
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Archer-Daniels-Midland Is a Major Processor Expanding Abroad
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Alico, Inc. Reports Q4 EPS of $0.48; Revenue of $7.50M vs $6.75M Est
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Alco Stores Inc Files For Bankruptcy, Shares Fall 70%
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