Limoneira Co:
* MPANY ANNOUNCES SECOND QUARTER FISCAL YEAR 2020 FINANCIAL RESULTS
* Q2 LOSS PER SHARE $0.29
* Q2 REVENUE $39.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $38.9 MILLION
* Q2 EARNINGS PER SHARE ESTIMATE $0.01 -- REFINITIV IBES DATA
* Q2 ADJUSTED LOSS PER SHARE $0.08 EXCLUDING ITEMS
* Q2 FRESH LEMONS SOLD INCREASED 13.5% TO 1.5 MILLION CARTONS
* LIMONEIRA - COVID-19 DRAMATICALLY REDUCED PRICING OF LEMONS DUE TO OVERSUPPLY IN NORTH AMERICA
* EXPORT MARKET FOR FRESH PRODUCT HAS ALSO SIGNIFICANTLY DECLINED DUE TO COVID-19
* IN PARTICULAR, U.S. LEMON MARKET HAS SEEN A SIGNIFICANT DECLINE IN VOLUME
* WITHDRAWING 2020 OUTLOOK
* CURRENTLY EXPECT RECORD LEMON VOLUMES FOR 2020
* SEES IMPROVEMENT IN ADJUSTED EBITDA DURING H2 2020
* EXPECTS 300 OF 1,200 ACRES TO BECOME FULL BEARING IN 2021 Source text for Eikon: Further company coverage:
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