Alico Inc Stock Price, News & Analysis

Alico, Inc. (Nasdaq: ALCO) has updated its financial guidance for the fiscal year ending September 30, 2022, anticipating net income between $35.6 million and $38.9 million, a significant increase from previous projections. The company cites a challenging citrus harvest impacted by a January 2022 freeze, resulting in an estimated 11% decrease in annual box production. However, citrus pricing is expected to rise. Alico continues to sell non-core ranchland, realizing $28.3 million in proceeds. The company remains committed to its dividend strategy, yielding 5.6% based on recent stock prices.

FORT MYERS, Fla., March 10, 2022 – Alico, Inc. (Nasdaq: ALCO) announced its executives will present at the Sidoti Small Cap Investor Conference on March 23-24, 2022. The presentation by President and CEO John Kiernan, along with CFO Richard Rallo, is scheduled for 10:00 AM ET on March 23. Virtual one-on-one and small group meetings will also be hosted. The live broadcast can be accessed via the Investor Relations section of Alico's website.

Alico operates primarily in citrus production and land management, making it a significant player in the agriculture sector.

FORT MYERS, Fla., March 7, 2022 – Alico, Inc. (Nasdaq: ALCO) announced that its CFO, Richard Rallo, will attend the 34th Annual Roth Conference from March 13-15, 2022, at the Ritz Carlton Laguna Niguel in California. The company will hold one-on-one and small group meetings during the event. Interested parties can reach out for more details or to schedule meetings through investor relations contact.

Alico primarily operates through its citrus production and land management divisions, emphasizing its position as one of the largest citrus producers in the U.S.

FORT MYERS, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alico today announced that its President and CEO, John Kiernan, along with CFO Richard Rallo, will present at the Investor Summit Group Q1 2022 Conference, taking place virtually on March 8-9, 2022. Alico's presentation is scheduled for 9:30 AM ET on March 9, 2022, and will be available for live streaming on the Company’s investor relations website. Alico primarily operates in citrus production and land management, making it a significant player in the agricultural sector.

Alico, Inc. (ALCO) reported strong quarterly financial results for the period ending December 31, 2021, showing a net income of approximately $10.1 million, translating to earnings of $1.34 per diluted share, a 162.7% increase year-over-year. EBITDA rose 14.6% to $11.6 million, while adjusted EBITDA was slightly down at $2.4 million. Despite good pricing trends and increased orange juice consumption, the company withdrew its fiscal 2022 guidance due to anticipated lower yields from orange crops affected by freezing temperatures. The working capital ratio stands strong at 3.69 to 1.00.

Alico, Inc. (Nasdaq: ALCO) will release its financial results for the first quarter ended December 31, 2021, on February 3, 2022, before the market opens. A conference call to discuss these results is scheduled for 8:30 AM Eastern Daylight Time on the same day. Interested parties can join the call by dialing specific numbers provided for both U.S. and international listeners. A replay of the call will be available until February 17, 2022, and a live webcast will also be accessible on the Company’s Investor Relations website.

Alico, Inc. (Nasdaq: ALCO) announced that its President and CEO, John Kiernan, and CFO, Richard Rallo, will present at the Sidoti Small Cap Investor Conference on January 19, 2022, starting at 10:45 AM ET. The event will be held virtually, and the company will offer one-on-one and small group meetings. A live broadcast of the presentation will be accessible through the Investor Relations section of Alico's website. Alico primarily operates in citrus production and land management.

Alico, a leading citrus producer, announced its participation in the 24th Annual ICR Conference in Orlando, Florida, from January 10-12, 2022. Presenters include John Kiernan, President and CEO, and Richard Rallo, Senior VP and CFO. Their presentation is set for 3:00 PM Eastern time on January 11, 2022, with an online broadcast available on their Investor Relations website. A replay will be accessible for 90 days post-event. Alico operates primarily in Citrus and Land Management sectors.