Alico, Inc. (ALCO) Q2 2025 Earnings Call Transcript |
Alico, Inc. (NASDAQ:ALCO ) Q2 2025 Earnings Conference Call May 14, 2025 8:30 AM ET Company Participants John Mills - Managing Partner, ICR John Kiernan - President and CEO Brad Heine - Chief Financial Officer Conference Call Participants Brandon Rogers - ROTH Capital Operator Good morning. And welcome to Alico's Second Quarter 2025 Earnings Call. |
seekingalpha.com |
2025-05-14 13:50:43 |
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Alico, Inc. Announces Financial Results for the Second Quarter Ended March 31, 2025 |
Company Executing Strategic Transformation to Become Diversified Land Company; Concludes the Majority of its Capital Investment on Citrus Operations After Completion of the Fiscal Year 2025 Harvest in April 2025 |
globenewswire.com |
2025-05-13 21:20:00 |
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Alico to Participate at the BMO Global Farm to Market Conference |
FORT MYERS, Fla., May 06, 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 host one-on-one meetings with investors at the BMO Global Farm to Market Conference, taking place May 14-15, 2025 in New York City, NY. |
globenewswire.com |
2025-05-06 12:30:00 |
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Alico, Inc. to Announce Second Quarter 2025 Financial Results on Tuesday, May 13, 2025 |
FORT MYERS, Fla., April 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2025, on Tuesday, May 13, 2025 after market close. |
globenewswire.com |
2025-04-29 12:30:00 |
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Alico to Present at the Planet Microcap Showcase: VEGAS 2025 |
FORT MYERS, Fla., April 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 and host one-on-one meetings at the Planet Microcap Showcase: VEGAS 2025 in partnership with MicroCapClub, taking place April 22-24, 2025 in Las Vegas, NV. |
globenewswire.com |
2025-04-07 12:30:00 |
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Alico, Inc. Announces Amendment to Credit Agreement Supporting Strategic Transformation |
FORT MYERS, Fla., April 01, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or “the Company”) (Nasdaq: ALCO) today announced it has entered into an Amendment No. |
globenewswire.com |
2025-04-01 20:05:00 |
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Alico's Big Plan Is A Game-Changer |
Alico is winding down its citrus operations due to significant challenges, including environmental issues and citrus greening disease, and is repurposing its land for development. The company owns 53,371 acres in Florida, with plans to develop 25% of it for residential communities, capitalizing on Florida's strong population growth. Management estimates the land's value between $650 million and $750 million, presenting significant upside potential compared to Alico's current enterprise value of $326.4 million. |
seekingalpha.com |
2025-03-27 12:03:31 |
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Alico, Inc. to Present at the 15th Annual LD Micro Invitational |
FORT MYERS, Fla., March 26, 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 and host one-on-one meetings with investors at the 15th Annual LD Micro Invitational. This event will take place at The Westin Grand Central in New York on April 9 and 10, 2025. |
globenewswire.com |
2025-03-26 18:05:00 |
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Alico, Inc. Takes Major Step in Strategic Transformation with Development Application for Master-Planned Community in Collier County |
Conference call and webcast to discuss announcement at 8:30 am Eastern Time on March 14, 2025 Conference call and webcast to discuss announcement at 8:30 am Eastern Time on March 14, 2025 |
globenewswire.com |
2025-03-13 18:05:00 |
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Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH Conference |
Management to host one-on-one meetings with investors on March 17th and 18th Management to host one-on-one meetings with investors on March 17th and 18th |
globenewswire.com |
2025-03-03 10:30:00 |
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Alico, Inc. (ALCO) Q1 2025 Earnings Call Transcript |
Alico, Inc. (NASDAQ:ALCO ) Q1 2025 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants John Mills - Managing Partner, ICR John Kiernan - President & CEO Brad Heine - CFO Conference Call Participants Operator Good morning, and welcome to Alico's First Quarter 2025 Earnings Call. Currently, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-13 15:07:55 |
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Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2024 |
Land Management and Other Operations Revenue Increased 45% Compared to Prior Year Robust Liquidity Position with $73.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 Company Expects to Realize Approximately $20 Million in Land Sales in Fiscal Year 2025 Company Executing Strategic Transformation to Become Diversified Land Company; Concludes Capital Investment on Citrus Operations After Current Crop is Harvested in 2025 FORT MYERS, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the first quarter ended December 31, 2024. |
globenewswire.com |
2025-02-12 18:10:00 |
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Alico, Inc. to Announce First Quarter 2025 Financial Results on Wednesday, February 12, 2025 |
FORT MYERS, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2024, on Wednesday, February 12, 2025 after market close. |
globenewswire.com |
2025-01-29 10:30:00 |
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Alico, Inc. to Participate at Inaugural LD Micro Summit |
FORT MYERS, Fla., Jan. 28, 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 host one-on-one meetings with investors at the inaugural LD Micro Summit, a private, invite-only event designed to showcase a hand-picked group of dynamic companies. The conference will take place on Monday, February 3rd and Tuesday, February 4th, 2025 in Fort Lauderdale, FL. To register for the conference or one-on-one meeting, visit here. |
globenewswire.com |
2025-01-28 10:30:00 |
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Alico, Inc. to Present at The Microcap Conference 2025 |
FORT MYERS, Fla., Jan. 27, 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 and host one-on-one meetings with investors at The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place on Thursday, January 30th, 2025 in Atlantic City, NJ. |
globenewswire.com |
2025-01-27 10:30:00 |
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Alico (ALCO) is on the Move, Here's Why the Trend Could be Sustainable |
If you are looking for stocks that are well positioned to maintain their recent uptrend, Alico (ALCO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen. |
zacks.com |
2025-01-21 11:51:08 |
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Zacks Industry Outlook Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico |
Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico have been highlighted in this Industry Outlook article. |
zacks.com |
2025-01-21 05:46:21 |
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5 Prominent Agriculture Operations Stocks Navigating Market Challenges |
The Agriculture - Operations industry faces rising costs and trade uncertainties. Yet, companies like ADM, AGRO, AVO, CVGW and ALCO are primed for growth through innovation and demand for healthy products. |
zacks.com |
2025-01-17 12:02:43 |
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Alico: Winding Down Citrus Operations To Focus On Land Development |
Alico is transitioning from citrus operations to land development. Management believes it can unlock $650 - 750 million in enterprise value by developing its valuable land near Fort Myers and Tampa. This translates into over $80 / share. Despite potential short-term volatility, I maintain a speculative buy rating due to the long-term potential of Alico's vast land holdings. |
seekingalpha.com |
2025-01-08 01:37:19 |
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Alico, Inc. to Present at 27th Annual ICR Conference |
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. |
globenewswire.com |
2025-01-07 10:30:00 |
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Alico, Inc. (ALCO) Q4 2024 Earnings Call Transcript |
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. |
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2024-12-02 12:03:21 |
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Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 |
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: |
globenewswire.com |
2024-12-02 09:10:00 |
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Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024 |
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. |
globenewswire.com |
2024-11-29 14:51:00 |
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Alico: Hurricane Milton's Potential Impact And Earnings Preview |
Alico owns ~48,000 acres of citrus groves in Florida. Hurricane Milton likely damaged Alico's citrus groves for the upcoming 2025 season. However, the company's current valuation is low compared to the redevelopment potential of the citrus groves into residential real estate. |
seekingalpha.com |
2024-10-31 15:11:32 |
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Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last Week |
FORT MYERS, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Initial assessments indicate that Alico, Inc. sustained minimal tree damage from Hurricane Milton last week. |
globenewswire.com |
2024-10-17 12:00:00 |
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Alico: A Post-Hurricane Buying Opportunity May Be Presenting Itself |
Alico has an abundance of asset value hidden away in the land that it owns. If Alico completes an entitlement of its 4,500 acres at its Corkscrew grove site then the company could see its net asset value increase from $32.01 to $51.13 per share. The upcoming uncertainty surrounding the impacts of Hurricane Milton on Florida may present investors with buying opportunities in the days and weeks ahead. |
seekingalpha.com |
2024-10-10 03:22:26 |
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Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife |
FORT MYERS, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) (Nasdaq: ALCO) announced that, effective September 17 2024, it has amended its Credit Agreement (the “Amendment”) with Metropolitan Life Insurance Company, and New England Life Insurance Company (collectively “MetLife”), which, among other things (i) increases the borrowing capacity under the revolving line of credit (the “RLOC”) from $25 million to $95 million and (ii) now extends the maturity date of the RLOC to May 1, 2034. The RLOC is secured by real property, consisting of approximately 36,800 gross acres of citrus land. In addition, in connection with the Amendment, the Company paid off its current borrowings under the $70 million working capital line of credit, subject to cancellation of its outstanding letters of credit, with Rabo Agrifinance, Inc. and replaced the Rabo Agrifinance working capital line of credit, which was due to mature on November 1, 2025. |
globenewswire.com |
2024-09-17 21:00:00 |
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Top 4 Agriculture Operations Stocks to Watch as Industry Trends Improve |
The Agriculture - Operations industry is poised to grow on innovation and healthy product demand amid rising costs and trade uncertainties. Companies like CTVA, DOLE, AGRO, and ALCO are expected to benefit from innovations and increased consumer demand. |
zacks.com |
2024-09-03 14:00:32 |
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Alico: Florida Land Value Realization |
Florida land is becoming increasingly scarce and valuable, with Alico offering a cheap entry at $5,500 per acre. Alico's land value is estimated at $9,000 per acre, suggesting a 60% upside, but realizing this value could take years and face operational costs. Alico's citrus operations face challenges like Hurricane Ian damage and Citrus Greening, but improvements are expected with new deals, grants, and better treatments. |
seekingalpha.com |
2024-08-28 11:42:15 |
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Alico, Inc. (ALCO) Q3 2024 Earnings Call Transcript |
Alico, Inc. (NASDAQ:ALCO ) Q3 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants John Kiernan - President & Chief Executive Officer Brad Heine - Chief Financial Officer Operator Welcome to Alico's Third Quarter 2024 Conference Call. [Operator Instructions] As a reminder today's conference is being recorded. |
seekingalpha.com |
2024-08-06 18:44:03 |
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Alico (ALCO) Reports Q3 Loss, Lags Revenue Estimates |
Alico (ALCO) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.73 per share a year ago. |
zacks.com |
2024-08-06 01:01:01 |
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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2024 |
FORT MYERS, Fla. , Aug. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the third quarter of fiscal year 2024 and the nine months ended June 30, 2024, the highlights of which are as follows: |
globenewswire.com |
2024-08-05 20:10:00 |
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Alico: The Value Is In The Land |
Alico, Inc is a citrus grower and land management company in Florida, trading near 52-week highs. Alico has strong balance sheets, with high shareholder equity and a price/book value of 0.81, making it a potential value play. Despite risks such as hurricanes and citrus diseases, Alico's recent deal with Tropicana and discount to book value make it a buy for value investors. |
seekingalpha.com |
2024-08-01 03:57:28 |
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Alico, Inc. to Announce Third Quarter 2024 Financial Results on Monday, August 5, 2024 |
Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time |
globenewswire.com |
2024-07-22 20:05:00 |
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Alico, Inc. Announces New Supply Contract with Tropicana |
FORT MYERS, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that it entered into a new agreement with its largest customer to supply citrus fruit. This agreement is effective June 5, 2024 through July 31, 2027, subject to its terms and conditions. |
globenewswire.com |
2024-06-10 12:00:00 |
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The Bottom Fishing Club: Buy Alico's Florida Orange Groves At 50% Discount |
Alico is a Florida orange grove owner with 54,000+ acres, making it one of the largest U.S. citrus growers. Management estimates its grove and land holdings are worth as much as $635 million based on comparable property sales vs. $114 million listed on its balance sheet at cost. Using company numbers, I estimate a minimum after-tax liquidation value of $51 is available for investors at $26 per share today. |
seekingalpha.com |
2024-05-31 12:43:20 |
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Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real Estate |
FORT MYERS, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) has announced that Mitch Hutchcraft is joining the company in a newly created position as Executive Vice President of Real Estate, effective as of today. |
globenewswire.com |
2024-05-28 12:50:00 |
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Alico: Thesis Playing Out; Maintain Buy |
Alico's citrus groves were negatively impacted by Hurricane Ian in 2023, but improvements are expected in the current harvest. ALCO recently sold off the Alico Ranch, allowing the company to delever. The Company's current portfolio of citrus groves underpin $44/share in real estate value. |
seekingalpha.com |
2024-05-21 11:31:04 |
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4 Agriculture Operations Stocks to Watch Amid Elevated Costs |
The Agriculture - Operations industry participants are witnessing higher costs due to fluctuating commodity prices, rising input costs and trade uncertainties. Innovations and improved consumer demand are likely to aid companies like CTVA, ADM, ALCO and AGRO. |
zacks.com |
2024-05-10 14:05:19 |
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Alico (ALCO) Surpasses Q2 Earnings Estimates |
Alico (ALCO) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.62 per share a year ago. |
zacks.com |
2024-05-06 23:16:07 |
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