Will lmnr beat earnings

Limoneira Co (LMNR) is expected to beat earnings, as indicated by the analyst consensus and recent company performance.

1. Analyst Expectations: The consensus estimate for LMNR's Q4 2024 revenue is $42.45 million, and the earnings are expected to come in at -$0.11 per share. This suggests that analysts believe the company will generate positive revenue but report a slight loss per share.
2. Recent Performance: Limoneira Co reported a robust financial performance in its third quarter of fiscal year 2024, with a 21% increase in net revenue, reaching $63.3 million. This strong revenue growth, coupled with improved adjusted EBITDA, indicates the company's profitability and operational efficiency.
3. Dividend Announcement: Limoneira Co recently announced a quarterly dividend of $0.075 per share, which represents a yield of 1.17%. This dividend payout reflects the company's confidence in its cash flow and commitment to returning value to shareholders, suggesting a positive outlook.
4. Stock Performance: The company's stock has reached a 52-week high, reflecting investor confidence and a nearly doubled value over the past year. This bullish sentiment among investors can be a proxy for expectations of strong earnings and continued growth.

In conclusion, based on analyst expectations, recent performance indicators, and stock market dynamics, Limoneira Co (LMNR) is poised to beat earnings expectations.