Earnings Outlook For Farmer Bros
Portfolio Pulse from Benzinga Insights
Farmer Bros (NASDAQ:FARM) is scheduled to release its quarterly earnings report on Thursday, 2024-02-08, with analysts expecting an EPS of $-0.21. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat of EPS estimates by $0.23 leading to an 8.76% drop in share price the following day. Investors will be keen on not just the earnings beat or miss but also the company's guidance for future growth.
February 07, 2024 | 8:01 pm
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Farmer Bros is expected to report an EPS of $-0.21 for the quarter. Historical data shows its stock price can react variably to earnings reports and guidance.
Given Farmer Bros's history of mixed stock price reactions to earnings reports and the emphasis on guidance for future growth, the short-term impact on FARM's stock price is uncertain. The company's ability to beat or miss the EPS estimate and the nature of its future guidance will be key factors influencing investor sentiment and stock price movement.
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