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

Reuters
07 Feb
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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10