Farmer Bros Co expected to post a loss of 56 cents a share - Earnings Preview

Farmer Bros Co

30/01/2023 21:03

* Farmer Bros Co  FARM.OQ   FARM.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 1
(estimated). 
    * The Los Angeles California-based  company is expected to
report 
a 10.4% increase in revenue to $130.8 million from $118.45
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 56 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts had fallen by
about 9.1%
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 $4.87. ​​​

This summary was machine generated January 30 at 21:03 GMT.  All
figures in US dollars  unless otherwise stated