Earnings Outlook For Farmer Bros
Portfolio Pulse from Benzinga Insights
Farmer Bros (NASDAQ:FARM) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an earnings per share (EPS) of $-0.61. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $2.02 and have seen a 62.66% decrease over the last 52-week period.
September 11, 2023 | 2:00 pm
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Farmer Bros is expected to report a negative EPS of $-0.61. The company's stock has been on a downward trend, with a 62.66% decrease over the last 52 weeks.
Given the company's history of missing EPS estimates and the subsequent negative impact on the share price, it is likely that the upcoming earnings report could further depress the stock price, especially if the company fails to meet the estimated EPS or provide positive guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100