ALICO INC. DL 1

Alico is exiting citrus production after disease and hurricane damage and is transitioning to leasing farmland, managing acreage for future development, and pursuing entitlements across its 47,300-acre Florida portfolio. Management is advancing a proposed 4,660-acre Collier County master-planned community that could total about 9,000 homes, while state and federal approvals — including water use and endangered-species reviews — remain pending. The company has generated over $90 million from agricultural land sales in the past 18 months, expects at least $15 million in EBITDA for the year, and is using liquidity to avoid distressed sales while returning capital via dividends and a $50 million buyback authorization (first $10 million completed). » Plus sur finance.yahoo.com

Alico has withdrawn from large-scale citrus farming and is pursuing a strategic shift toward land development and monetization. Management values the present value of developable land at $650–750 million versus a market capitalization of about $300 million, calling it a "valuation gap." Sales over the past 18 months averaged roughly $9,000 per acre, liquidity has improved, and adjusted EBITDA for the first nine months was about $24 million. Major development projects like Corkscrew in Collier County are awaiting state and federal approvals, with federal clearance potentially taking around two years. » Plus sur de.investing.com

Alico reported Q3 fiscal 2026 revenue of $9.0 million, up 7.7% year over year, and net income of $2.1 million ($0.29 per share) versus a $18.3 million loss a year earlier. Cash rose to $55.6 million and net debt fell to $29.8 million, aided by roughly $35 million of land and equipment sale proceeds. The company is shifting toward land management and development, signing a 3,280‑acre agricultural lease with a $29.5 million purchase option, acquiring the remaining 49% of Citree, and moving the Corkscrew Grove East Village project into state and federal permitting. Alico raised fiscal 2026 adjusted EBITDA guidance to about $15 million but expects fourth‑quarter EBITDA pressure from ongoing expenses. » Plus sur finance.yahoo.com

Alico reported Q2 2026 EPS of $1.49 versus a $1.21 forecast, a 23% earnings surprise. Revenue fell to $5.2 million (‑71% year‑on‑year), net income improved to $11.4 million versus a loss a year earlier, and EBITDA was positive at $16.7 million. The stock rose modestly after hours, while management cites the shift to land sales and development as the driver. The outlook for coming quarters remains cautious with the expectation of possible losses, an adjusted EBITDA forecast of about $14 million, and an expected cash balance of roughly $40 million at year-end. » Plus sur de.investing.com

Alico Inc. reported Q2 2026 EPS of $1.49 versus $1.21 expected and revenue of $5.34 million versus a $0.9 million forecast. The company turned a prior-year loss into net income of $11.4 million, driven by the strategic exit from the citrus business and a significant land sale. Alico reaffirmed adjusted full-year EBITDA guidance of about $14 million and highlighted cash and leverage targets, but continued to cite operational and regulatory risks in developing land projects. » Plus sur de.investing.com