AGRO vs. LMNR: Which Stock Is the Better Value Option?
SANTA PAULA, Calif., June 26, 2024--On June 25, 2024, the Board of Directors of Limoneira Company (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 19, 2024, to stockholders of record on July 8, 2024.
Limoneira (LMNR) delivered earnings and revenue surprises of 109.52% and 18.33%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?