Farmer Bros Co expected to post a loss of 5 cents a share - Earnings Preview

Reuters
02-04
  • Farmer Bros Co FARM.OQ FARM.O is expected to show a rise in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

  • The Fort Worth Texas-based company is expected to report a 1.9% increase in revenue to $91.161 million from $89.45 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Farmer Bros Co is for a loss of 5 cents per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Farmer Bros Co is $5.25​, above​ its last closing price of $1.81. ​​​

This summary was machine generated February 4 at 21:17 GMT. 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)

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