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

Barfresh Food

15/05/2024 22:01

* Barfresh Food Group Inc  BRFH.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -7 cents.  The mean expectation of two analysts
for the quarter was for a loss of 4 cents per share. Wall Street
expected results to range from -5 cents to -4 cents per share.
    * Revenue rose 35.3% to $2.83 million from a year ago;
analysts
expected $2.41 million. 
    * Barfresh Food Group Inc's reported EPS for the quarter was
a
loss of 3 cents​.
    * The company reported a quarterly loss of $449 thousand.
    * Barfresh Food Group Inc shares had risen by 55.8% this
quarter and gained 17.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 350%
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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-alcoholic
beverages peer group is also "buy"

Wall Street's median 12-month price target for Barfresh Food
Group Inc is $3.00 
This summary was machine generated from LSEG data May 15 at
09:01 p.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
 Mar. 31 2024      -0.04          -0.03          Beat
 Dec. 31 2023      -0.01          -0.05          Missed
 Sep. 30 2023      -0.03          -0.04          Missed
 Jun. 30 2023      -0.06          -0.06          Met