Farmer Bros Co expected to post a loss of 28  cents a share - Earnings Preview

Farmer Bros Co

04/05/2022 03:01

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 5. 
    * The Los Angeles California-based  company is expected to
report 
a 24.5% increase in revenue to $116 million from $93.15 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 28 cents per share. For the same quarter last year, the
company reported a loss of 78 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * 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​, above​ its last closing price of $6.10. ​​​

This summary was machine generated May 4 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated