Farmer Bros. (FARM) to Release Earnings on Thursday

Farmer Bros. (NASDAQ:FARM) is expected to be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect Farmer Bros. to post earnings of ($0.12) per share and revenue of $91.16 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Farmer Bros. (NASDAQ:FARM) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.01). The company had revenue of $85.07 million during the quarter, compared to analyst estimates of $84.80 million. Farmer Bros. had a negative net margin of 2.20% and a negative return on equity of 35.41%. During the same period in the prior year, the business earned ($0.06) EPS. On average, analysts expect Farmer Bros. to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Farmer Bros. Price Performance

FARM stock opened at $1.66 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.32 and a quick ratio of 0.58. The firm has a market capitalization of $35.44 million, a P/E ratio of -4.61 and a beta of 1.80. The business’s 50-day moving average is $1.88 and its two-hundred day moving average is $2.17. Farmer Bros. has a 1 year low of $1.60 and a 1 year high of $3.90.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Farmer Bros. in a research report on Friday, January 24th. They issued a “hold” rating on the stock.

About Farmer Bros.

Farmer Bros. Co engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee.