Farmer Bros Co expected to post a loss of 33  cents a share - Earnings Preview

Farmer Bros Co

30/08/2022 21:28

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on September 1. 
    * The Los Angeles California-based  company is expected to
report 
a 7.8% increase in revenue to $110.9 million from $102.86
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 33 cents per share. For the same quarter last year, the
company reported a loss of 60 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
$12.5​, above​ its last closing price of $5.85. ​​​

This summary was machine generated August 30 at 20:28 GMT.  All
figures in US dollars  unless otherwise stated