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FARM Farmer Bros Co News Story

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Farmer Bros Co expected to post a loss of 5 cents a share - Earnings Preview

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 6 for the
period ending December 31 2024
    * The Fort Worth Texas-based  company is expected to report
a
1.9% increase in revenue to $91.161 million from $89.45 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Farmer Bros Co is for a
loss
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$5.25​, above​ its last closing price of $1.81. ​​​

This summary was machine generated February 4 at 21:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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