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

Farmer Bros Co

08/02/2023 22:02

* Farmer Bros Co  FARM.OQ  reported a quarterly adjusted
loss
of 73 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 56 cents
per share.
    * Revenue rose 12% to $132.69 million from a year ago;
analysts
expected $130.80 million. 
    * Farmer Bros Co's reported EPS for the quarter was a loss
of 73
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Farmer Bros Co shares had risen by 14.3% this quarter.
    * The company reported a quarterly loss of $13.61 million.
    * Wall Street's median 12-month price target for Farmer Bros
Co is
$10.00 
    * 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." 

This summary was machine generated from Refinitiv data February
8 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.56          -0.73          Missed
 Sep. 30 2022      -0.36          -0.39          Missed
 Jun. 30 2022      -0.33          -0.21          Beat
 Mar. 31 2022      -0.28          -0.23          Beat