Alico Inc. Stock Upgraded (ALCO)
- The revenue growth greatly exceeded the industry average of 24.6%. Since the same quarter one year prior, revenues rose by 48.3%. 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 173.4% when compared to the same quarter one year prior, rising from $2.71 million to $7.41 million.
- Net operating cash flow has increased to $13.84 million or 41.36% when compared to the same quarter last year. In addition, ALICO INC has also vastly surpassed the industry average cash flow growth rate of -4852.75%.
-- Written by a member of TheStreet Ratings Staff
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