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FARM Farmer Bros Co News Story

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Farmer Bros Co reports results for the quarter ended December 31 - Earnings Summary

* Farmer Bros Co  FARM.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 13
cents.  The mean expectation of two analysts for the quarter was
for a loss of 5 cents per share. Wall Street expected results to
range from -12 cents to 1 cents per share.
    * Revenue rose 0.6% to $90.02 million from a year ago;
analysts
expected $91.16 million. 
    * Farmer Bros Co's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $210
thousand.
    * Farmer Bros Co shares had risen by 4.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 54.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the food
processing
peer group is also "buy"

Wall Street's median 12-month price target for Farmer Bros Co is
$5.25 
This summary was machine generated from LSEG data February 6 at
11:21 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.05          0.01           Beat
 Sep. 30 2024      -0.24          -0.24          Met
 Jun. 30 2024      -0.27          -0.22          Beat
 Mar. 31 2024      -0.16          -0.03          Beat

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