Farmer Bros Co expected to post a loss of 27cents a share - Earnings Preview

Farmer Bros Co

01/02/2022 23:01

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 3. 
    * The Los Angeles California-based  company is expected to
report 
a 10.7% increase in revenue to $115.8 million from $104.57
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Farmer Bros Co is
for a
loss of 27 cents per share. For the same quarter last year, the
company reported a loss of 95 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Farmer Bros
Co is
$14​, about 54.4% above​ its last closing price of $6.39. ​​​

This summary was machine generated February 1 at 23:00 GMT.  All
figures in US dollars  unless otherwise stated