Earnings Call Summary | Limoneira(LMNR.US) Q2 2024 Earnings Conference
Earnings Call Summary | Limoneira(LMNR.US) Q2 2024 Earnings Conference
The following is a summary of the Limoneira Company (LMNR) Q2 2024 Earnings Call Transcript:
以下是Limoneira公司(LMNR)2024年第二季度业绩会转录摘要:
Financial Performance:
金融业绩:
Q2 revenue was $44.6 million, a 7% decrease from $48.1 million in the same period last year.
Net income applicable to common stock for Q2 was $6.4 million, showing a turnaround from a net loss of $1.7 million in the previous year.
Adjusted EBITDA dramatically increased to $16.6 million from $6.2 million in the previous year's quarter.
第二季度营业收入为4460万美元,比去年同期的4810万美元下降7%。
第二季度适用于普通股的净利润为640万美元,同比上年净亏损170万美元。
调整后的EBITDA从去年同期的620万美元大幅增长至1660万美元。
Business Progress:
业务进展:
Limoneira is significantly expanding avocado plantings, expecting to raise long-term EBITDA projections to $45-55 million by 2030.
Completed the sale of Phase 2 in the Harvest at Limoneiano project, now planning to increase the total number of residential units from 1,500 to 2,050.
Limoneira正大幅扩大牛油果种植,预计到2030年将长期EBITDA预测提高到4500万至5500万美元。
完成Limoneiana收获项目第二阶段的销售,现计划将总住宅数量从1500增加到2050。
Opportunities:
机会:
The expansion of avocado production is expected to capitalize on robust consumer demand and favorable market trends.
Real estate project Harvest at Limoneira plans to increase total future proceeds by 46% due to higher land values and additional residential units.
牛油果生产的扩张预计将利用强劲的消费需求和有利的市场趋势。
房地产项目Harvest at Limoneira计划通过更高的土地价值和增加的住宅数量将未来总收益增加46%。
Risks:
风险:
Seasonal and market factors have delayed the picking of lemons and impacted fresh utilization, which may influence future revenue and operations.
季节和市场因素已经延误了柠檬的采摘并影响了新鲜利用,这可能会影响未来的营收和运营。
More details: Limoneira IR
更多详情:Limoneira投资者关系
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。