---
schema_version: "secwatch.filing_event.v1"
accession: "0001342423-24-000025"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2024-09-09T23:59:59+00:00"
generated_at: "2026-05-31T05:52:07.783367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Limoneira Q3 op income $9.0M vs loss of $1.5M; avocado guidance raised >50%

## Summary
- Q3 net revenue $63.3M (+21% YoY); operating income $9.0M vs loss $1.5M; diluted EPS $0.35 vs -$0.07.
- Avocado revenue $13.9M (+300% YoY) on 8.9M lbs at $1.57/lb; FY24 volume guidance raised to 14.5-15.5M lbs.
- Fresh lemon guidance lowered to 4.5-5.0M cartons from 5.0-5.5M due to late-season rains.
- Real estate JV completed sell-out of Phase 2 (554 units); city council approved increase to 2,050 total units; $180M projected distributions through 2030.
- Strategic alternatives exploration with Stephens Inc continues; plans to expand avocado acreage by 1,000 acres over 3 years.

## SEC filing metadata
- accession: 0001342423-24-000025
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2024-09-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342423/000134242324000025/0001342423-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000134242324000025/lmnr-20240909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001342423-24-000025
- JSON: https://secwatch.observer/filing/0001342423-24-000025.json
- Plain text: https://secwatch.observer/filing/0001342423-24-000025.txt

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