Alico Inc. Stock Upgraded (ALCO)
- ALCO's very impressive revenue growth greatly exceeded the industry average of 24.3%. Since the same quarter one year prior, revenues leaped by 57.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
- ALICO INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, ALICO INC turned its bottom line around by earning $0.97 versus -$0.09 in the prior year.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Food Products industry. The net income increased by 2178.5% when compared to the same quarter one year prior, rising from -$0.09 million to $1.93 million.
- Net operating cash flow has significantly increased by 72.11% to -$0.24 million when compared to the same quarter last year. Despite an increase in cash flow, ALICO INC's cash flow growth rate is still lower than the industry average growth rate of 91.99%.
-- Written by a member of TheStreet RatingsStaff
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