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

Farmer Bros Co

03/11/2022 21:50

* Farmer Bros Co  FARM.OQ  reported a quarterly adjusted
loss
of 39 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 36 cents
per share.
    * Revenue rose 12% to $121.38 million from a year ago;
analysts
expected $118.80 million. 
    * Farmer Bros Co's reported EPS for the quarter was a loss
of 39
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Farmer Bros Co shares had risen by 33.0% this quarter and
lost 16.2% so far this year.
    * The company reported a quarterly loss of $7.37 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 November
3 at 09:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.27          -0.31          Missed