Barfresh Food Group Inc reports results for the quarter ended in January - Earnings Summary

Barfresh Food

15/08/2024 06:44

* Barfresh Food Group Inc  BRFH.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in January,
lower than the same quarter last year, when the company reported
EPS of -6 cents.  The mean expectation of two analysts for the
quarter was for a loss of 5 cents per share. Wall Street
expected results to range from -6 cents to -4 cents per share.
    * Revenue fell 3.1% to $1.46 million from a year ago;
analysts
expected $2.15 million. 
    * Barfresh Food Group Inc's reported EPS for the quarter was
a
loss of 7 cents​.
    * The company reported a quarterly loss of $1.01 million.
    * Barfresh Food Group Inc shares had risen by 3.6% this
quarter and gained 138.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-alcoholic
beverages peer group is  "hold."

Wall Street's median 12-month price target for Barfresh Food
Group Inc is $4.50 
This summary was machine generated from LSEG data August 15 at
05:44 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.05          -0.07          Missed
 Mar. 31 2024      -0.04          -0.03          Beat
 Dec. 31 2023      -0.01          -0.05          Missed
 Sep. 30 2023      -0.03          -0.04          Missed