Limoneira shares climb 22% after earnings release
IN THIS ARTICLE
- Agribusiness Topic
- Jorge Mercado Author
By Jorge Mercado Wednesday, June 8th, 2022
Shares of Santa Paula-based Limoneira rocketed 22% on June 8, one day after the company announced earnings for the second quarter that doubled analysts’ expectations. Limoneira, a grower and seller of lemons, avocados, and other fruits and also a real estate developer, had net income of $1.5 million, or 8 cents per share, in the…