The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Benjamin David Klieve - National Securities Corporation, Research Division - Analyst
: First one regarding lemon pricing. The second quarter -- or excuse me, the third quarter had obviously a wide range of end market given the how
kind of fluid COVID-19 was. And I'm wondering if you could elaborate a bit on how lemon pricing really evolved from, say, the beginning of the
quarter to the end of the quarter and where it stands today.
Question: Benjamin David Klieve - National Securities Corporation, Research Division - Analyst
: Perfect. Very helpful. On Harvest in Limoneira, I have a question, but first, a quick clarifying question. You alluded to 7 lot sales per week over the
last 8 weeks. Was that the last 8 weeks of the fiscal quarter? Or is that last 8 weeks up till present day?
Question: Benjamin David Klieve - National Securities Corporation, Research Division - Analyst
: Both?
Question: Benjamin David Klieve - National Securities Corporation, Research Division - Analyst
: Got it. Perfect. And I guess 2 questions then on this. First, these -- can you remind us kind of how this weekly sale total compares to kind of your --
the goals that were laid out by this project? I mean, is 7 homes a week, substantially greater than whatever the predetermined goal is, help us kind
of quantify that, if you will.
Question: Benjamin David Klieve - National Securities Corporation, Research Division - Analyst
: Very good. Well, you actually just answered my final question. So congratulations on a great quarter.
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SEPTEMBER 09, 2020 / 8:30PM, LMNR.OQ - Q3 2020 Limoneira Co Earnings Call
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