LMNR Limoneira (LMNR) Q3 FY26 earnings call
Limoneira's Q3 FY26 results were mixed, with strong avocado volumes and significant progress on asset monetization initiatives offsetting headwinds in lemon sales due to unexpected import oversupply. The company is actively streamlining operations, expanding avocado production, and pursuing real estate and water rights monetization, with several key events anticipated in the near future to drive sustained profitability and shareholder value.
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LMNR operating KPIs by quarter
| KPI | Apr 2026 Q2 FY26 | This call Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Fresh lemon cartons sold | ~1.028MWe sold approximately 1,028,000 cartons of fresh lemons at an average price of $16.63 per carton during the second quarter of fiscal year 2026, compared to 1,357,000 cartons at $14.52 per carton in the prior year second quarter.Source: earnings call transcript | ~1.373MWe sold approximately 1,373,000 cartons of fresh lemons at an average price of $19.88 per carton during the third quarter of fiscal year 2026, compared to 1,397,000 cartons at $17.02 per carton in the prior year third quarter.Source: earnings call transcript | — |
| Average fresh lemon price per carton | $16.63We sold approximately 1,028,000 cartons of fresh lemons at an average price of $16.63 per carton during the second quarter of fiscal year 2026, compared to 1,357,000 cartons at $14.52 per carton in the prior year second quarter.Source: earnings call transcript | $19.88We sold approximately 1,373,000 cartons of fresh lemons at an average price of $19.88 per carton during the third quarter of fiscal year 2026, compared to 1,397,000 cartons at $17.02 per carton in the prior year third quarter.Source: earnings call transcript | +19.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
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