Farmer Bros Co expected to post a loss of 29 cents a share - Earnings Preview

Farmer Bros Co

30/10/2023 11:48

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Los Angeles California-based  company is expected to
report 
a 30.0% decrease in revenue to $85 million from $121.38 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 29 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
$6​, above​ its last closing price of $2.54. ​​​

This summary was machine generated October 30 at 11:48 GMT.  All
figures in US dollars  unless otherwise stated