Alico Inc. completes its citrus transition, posting a major annual loss due to strategic costs while beating revenue guidance and advancing land development.
Alico Inc. (ALCO) missed Q3 2025 revenue and EPS estimates amid its shift from citrus to land development, but strong liquidity and strategic progress fuel investor optimism.
Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.
Companies Reporting Before The Bell • Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.
Alico plans to create profitable agricultural revenue opportunities that are not citrus-related until the Highest and Best Use for these acres can be realized. The company has decided to not spend further capital on its citrus operations after the current crop is harvested in 2025.
The second Category 5 storm of the 2024 hurricane season named Hurricane Milton is threatening large-scale destruction, as it quickly graduated from Category 1 status and is approaching the state of Florida.
By the close of today, January 12, 2024, Alico (NASDAQ:ALCO) will issue a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 0.67%. Only those investors who owned the stock prior to the ex-dividend date on December 28, 2023 will receive this payout.
Companies Reporting Before The Bell • Ollie's Bargain Outlet (NASDAQ:OLLI) is estimated to report quarterly earnings at $0.44 per share on revenue of $468.55 million.
