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Alico: Winding Down Citrus Operations To Focus On Land Development
Seeking Alpha· 2025-01-08 04:37
Author of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find interesting.Analyst’s Disclosure: I/we have a beneficial long position in the shares of ALCO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own ...
Alico, Inc. to Present at 27th Annual ICR Conference
GlobeNewswire· 2025-01-07 13:30
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. The Company’s presentation will begin at 8:00 am Eastern time on Wednesday, January 15, 2025. The presentation will be webcast live and can be accessed through the “News / Events” tab on the investor relations website at ...
Alico, Inc. Announces Strategic Transformation of Agriculture Operations to Unlock Value in Land Holdings
GlobeNewswire· 2025-01-06 12:00
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or “the Company”) (Nasdaq: ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue opportuniti ...
Alico(ALCO) - 2024 Q4 - Earnings Call Transcript
2024-12-02 15:03
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. As a reminder, today's conference is being recorded. This morning, the company issued a press release announcing its results for the fourth quarter and fiscal year ended September 30, 2024. If you've ...
Alico(ALCO) - 2024 Q4 - Annual Report
2024-12-02 12:16
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ALCO Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K þ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended September 30, 2024 or o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____________________to_______ ...
Alico(ALCO) - 2024 Q4 - Annual Results
2024-12-02 12:12
Exhibit 99.1 Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 Fort Myers, FL, December 2, 2024 - 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: • The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year e ...
Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024
GlobeNewswire News Room· 2024-12-02 12:10
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: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company reports Adjusted ...
Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024
GlobeNewswire News Room· 2024-11-29 17:51
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. The Company will host a conference call to discuss its financial results on Monday, December 2, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-225-9448 in the United States and 1-203 ...
Alico: Hurricane Milton's Potential Impact And Earnings Preview
Seeking Alpha· 2024-10-31 17:11
It has been a few months since I last wrote about Alico (NASDAQ: ALCO ), the leading Florida citrus grower. My bullish view of Alico was predicated on the value of Alico's vast real estate holdingsAuthor of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find interesting. ...
Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last Week
GlobeNewswire News Room· 2024-10-17 12:00
FORT MYERS, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Initial assessments indicate that Alico, Inc. sustained minimal tree damage from Hurricane Milton last week. Most importantly, we are grateful that none of our approximately 197 employees were casualties from this devastating storm in Florida last week. The full impact of Hurricane Milton on Alico’s assets and operations is still being assessed at this time, but we believe the lessons learned over the past century, especially since Hurricane Irma in 2017 a ...