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Alico Inc - $ALCO STOCK NEWS

Welcome to our dedicated news page for Alico (Ticker: $ALCO), a resource for investors and traders seeking the latest updates and insights on Alico.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alico's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alico's position in the market.

Rhea-AI Summary
Alico, Inc. (NASDAQ: ALCO) to Attend AGTech Answers Conference, Reports Citrus Operations Recovery and Real Estate Sale
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
conferences
-
Rhea-AI Summary
Alico, Inc. announced the departure of Perry G. Del Vecchio as CFO and the hiring of Bradley Heine as his replacement. Heine will be responsible for all corporate finance, treasury, and accounting functions. Heine's experience in accounting and finance will help increase shareholder value. Heine previously served as Senior VP - Corporate Controller of Wejo Group Limited and held positions at IAC InterActive Corp and Avis Budget Group Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
management
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Rhea-AI Summary
Alico, Inc. reports financial results for Q3 2023, with net income of $11.8 million and EBITDA of $18.8 million. Box production is down due to Hurricane Ian. The company has received $21.7 million in crop insurance proceeds. They sold approximately 548 acres for $2.7 million. The balance sheet remains strong with $76.8 million of undrawn credit available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.43%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.53%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.53%
Tags
Alico Inc

Nasdaq:ALCO

ALCO Rankings

ALCO Stock Data

218.70M
5.41M
30.81%
53.15%
3.17%
Citrus (except Orange) Groves
Agriculture, Forestry, Fishing and Hunting
Link
United States of America
FT. MYERS,

About ALCO

alico is a florida-based agribusiness and land management company built for today’s world, known for its achievement and innovation in citrus, sugarcane, cattle, and resource conservation.