Farmer Bros Co expected to post a loss of 36  cents a share - Earnings Preview

Farmer Bros Co

05/05/2021 01:13

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a fall
in quarterly revenue when it reports results on May 6.
* The Los Angeles, California-based company is expected to
report   a 16.9% decrease in revenue to $107.367 million from
$129.14 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data.
​* Refinitiv's mean analyst estimate for Farmer Bros Co is for a
loss of 36 cents per share. For the same quarter last year, the
company reported earnings of 14 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $9.75​, about 9.4% below​ its last closing price
of $10.67. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.13       -0.13      -0.95     Missed  -630.8
 Sep. 30 2020  -0.24       -0.15      -0.37     Missed  -138.7
 Jun. 30 2020  -0.52       -0.39      -0.57     Missed  -46.2​
 Mar. 31 2020  -0.26       -0.25      0.14      Beat    154.9
 Dec.          -0.18​      -0.21      0.43      Beat    308.1​
 31​ 2019​                                              
 Sep. 30 2019  -0.14       -0.14      0.26      Beat    290.2​
 Jun. 30 2019              -0.19      -0.52     Missed  -169
 Mar. 31 2019  0.05        0.05       -3.05     Missed  -6,635
                                                        .2
 This summary was machine generated May 5 at 00:13 GMT.  All
figures in US dollars unless otherwise stated