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Alico: Looking Forward To The Next Harvest

Sep. 17, 2023 5:06 AM ETAlico, Inc. (ALCO)2 Comments
Macrotips Trading profile picture
Macrotips Trading


  • Alico reports a decline in revenues due to damages caused by Hurricane Ian, but net income is not severely affected thanks to crop insurance payouts.
  • The company remains hopeful for disaster relief funds and expects the upcoming 2023-24 harvest to show substantial recovery.
  • Alico sees continued interest in its ranch lands and may have valuable real estate assets that could increase the overall value of the company.
Orange tree

sripfoto/iStock via Getty Images

It has been a few months since I last covered Alico (NASDAQ:ALCO), and with the company recently reporting Q3 earnings, I believe it is timely to revisit the Alico story and see if there are any recent developments worth

This article was written by

Macrotips Trading profile picture
I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find interesting, for one reason or another.Follow me on twitter for my thoughts on macro trends.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Comments (2)

Charlie's Munger profile picture
Seems conservative
zito profile picture
Not a big fan of the fruit business, but it can't be worse than the last few years. Land is worth 3X the market cap, but it will be a slow process. I hope to see the stock up 20% in the next 12 months.
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