Farmer Bros Co expected to post a loss of 40 cents a share - Earnings Preview

Farmer Bros Co

01/05/2023 12:15

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 3
(estimated). 
    * The Los Angeles California-based  company is expected to
report 
a 12.2% increase in revenue to $134 million from $119.4 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 40 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
$10​, above​ its last closing price of $2.85. ​​​

This summary was machine generated May 1 at 11:15 GMT.  All
figures in US dollars  unless otherwise stated