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Sep 30, 2020
Alico Q4 2020 Earnings Report
Alico reported net income attributable to common stockholders, and increased quarterly dividend by 100%.
Key Takeaways
Alico, Inc. reported net income attributable to Alico common stockholders of $17.2 million for the fourth quarter ended September 30, 2020. The company also increased its quarterly dividend by 100% to $0.18 per share for the first quarter ending December 31, 2020.
Company records net income attributable to Alico, Inc. common stockholders of $23.7 million and EBITDA of $51.8 million for the fiscal year 2020.
Company continues to execute land transactions with its latest purchase of 3,280 gross citrus acres.
Proceeds from previous sale of ranch land was used to fund transaction, which was structured to allow company to defer approximately $4.0 million in taxes.
Company increases quarterly dividend by 100% to $0.18 per share for the first quarter ending December 31, 2020.
Revenue by Segment
Forward Guidance
The Company is providing the following net income, adjusted net income, EBITDA and adjusted EBITDA guidance for the fiscal year ended September 30, 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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