Farmer Bros Co expected to post a loss of 44 cents a share - Earnings Preview

Farmer Bros Co

07/09/2021 21:07

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a rise
in quarterly revenue when it reports results on September 9. 
* The Los Angeles, California-based company is expected to
report   a 20.1% increase in revenue to $97.4 million from
$81.08 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 44 cents per share. For the same quarter last year, the
company reported a loss of 57 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"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 $14​, about 41.1% above​ its last closing price of $8.25. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.36       -0.36      -0.78     Missed  -116.7
 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.          -0.26​      -0.25      0.14      Beat    154.9​
 31​ 2020​                                              
 Dec. 31 2019  -0.18       -0.21      0.43      Beat    308.1​
 Sep. 30 2019  -0.14       -0.14      0.26      Beat    290.2
 Jun. 30 2019              -0.19      -0.52     Missed  -169
 This summary was machine generated September 7 at 20:07 GMT. 
All figures in US dollars unless otherwise stated