Farmer Bros Q4 2024 GAAP EPS $(0.22) Beats $(0.27) Estimate, Sales $84.396M Beat $81.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Farmer Bros (NASDAQ:FARM) reported better-than-expected Q4 2024 results with a GAAP EPS of $(0.22), beating the estimate of $(0.27), and sales of $84.396M, surpassing the $81.87M estimate. Despite a year-over-year sales decline, the results show significant improvement in EPS.
September 12, 2024 | 8:06 pm
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Farmer Bros reported a Q4 2024 GAAP EPS of $(0.22), beating the $(0.27) estimate, and sales of $84.396M, exceeding the $81.87M estimate. The EPS shows a significant improvement from the previous year's $(0.84), indicating better financial performance.
The better-than-expected EPS and sales figures suggest positive investor sentiment and potential short-term stock price increase. The significant improvement in EPS from the previous year indicates effective cost management or operational improvements.
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IMPORTANCE 80
RELEVANCE 100