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FARM Farmer Bros Co News Story

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

* Farmer Bros Co  FARM.OQ  reported a quarterly adjusted
loss
of 21 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 33 cents per
share.
    * Revenue rose 19.6% to $122.99 million from a year ago;
analysts
expected $110.90 million. 
    * Farmer Bros Co's reported EPS for the quarter was a loss
of 21
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 19.6% this quarter and
lost 24.7% so far this year.
    * The company reported a quarterly loss of $3.93 million.
    * Wall Street's median 12-month price target for Farmer Bros
Co is
$12.50 
    * 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 September
1 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.33          -0.21          Beat
 Mar. 31 2022      -0.28          -0.23          Beat
 Dec. 31 2021      -0.27          -0.31          Missed
 Sep. 30 2021      -0.37          -0.14          Beat

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