Limoneira Narrows Q3 Loss to $3.0M, Lifts Avocado Outlook, and Sets Windfall Farms Sale for Sept 14
LMNR is trading near its 52-week low of $11.665 (14% above the low).
Summary
Limoneira posted a $3.0M Q3 net loss, raised avocado guidance, and confirmed the $15M Windfall Farms sale closing September 14. Full 10-Q details show $13.5M in impairments and $101.5M in long-term debt.
Key Events · Earnings and Guidance · LMNR
-
Q3 Net Loss Narrows to $3.0M
Net loss applicable to common stock was $3.0M, or $0.17 per diluted share, compared to a $21.4M loss in Q2 FY2026. Adjusted EBITDA rose 30% to $3.9M from $3.0M a year ago.
-
Avocado Guidance Raised, Lemon Lowered
FY2026 avocado volume guidance increased to 7.0-7.25M pounds from 5.5-6.5M pounds. Lemon volume guidance narrowed to the lower end of 4.0-4.5M cartons due to higher imports.
-
Windfall Farms Sale Closing Sept 14
The $15M all-cash sale of the Paso Robles vineyard property is expected to close September 14, 2026, subject to customary conditions. The property is classified as held for sale at $14.2M.
-
Nine-Month Loss Reflects Strategic Exits
Nine-month net loss of $34.6M includes $13.5M in Windfall Farms impairments and $8.2M in losses from ceasing Yuma, Arizona citrus operations to monetize Colorado River water rights.
Analysis · LMNR · Industrial Applications And Services
A 30% jump in adjusted EBITDA to $3.9 million helped narrow Limoneira's Q3 FY2026 net loss to $3.0 million from $21.4 million in Q2. The company raised avocado volume guidance to 7.0-7.25 million pounds while trimming lemon guidance on higher imports. The $15 million Windfall Farms sale is expected to close September 14, providing near-term liquidity. However, the nine-month loss of $34.6 million reflects $13.5 million in asset impairments and $8.2 million in disposal losses from strategic exits, and long-term debt has climbed to $101.5 million with covenant modifications deferring key ratios to 2027.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LMNR was trading at $13.32 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $270.9M. The 52-week trading range was $11.67 to $16.44. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.