---
schema_version: "secwatch.filing_event.v1"
accession: "0001342423-24-000014"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:50:28.775627+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Limoneira raises Harvest proceeds 46% to $180M; targets $45-55M EBITDA by FY2030

## Summary
- Q2 FY2024 net income $6.4M ($0.35 diluted EPS) vs. loss of $1.7M ($0.10) YoY; adjusted EPS $0.44.
- Non-GAAP adjusted EBITDA $16.6M, more than double prior-year $6.2M, driven by Harvest JV momentum.
- Harvest JV closed 554 homesites (Phase 2) and attained 550 additional entitled lots (total 2,050).
- Expected total future proceeds from Harvest raised 46% to $180M over 7 years; $18M projected in FY2024.
- Avocado volume guidance raised to 9-10M lbs (from 7-8M); plans to plant 1,000 new avocado acres by FY2027.

## SEC filing metadata
- accession: 0001342423-24-000014
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342423/000134242324000014/0001342423-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000134242324000014/lmnr-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001342423-24-000014
- JSON: https://secwatch.observer/filing/0001342423-24-000014.json
- Plain text: https://secwatch.observer/filing/0001342423-24-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.