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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -735.71%. A quarter ago, it was expected that this agribusiness and land management company would post a loss of $0.34 per share when it actually produced a loss of $0.03, delivering a surprise of 91.18%.Over the last four quarters, ...