Recap: Farmer Bros Q2 Earnings

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Farmer Bros FARM reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Farmer Bros missed estimated earnings by 14.81%, reporting an EPS of $-0.31 versus an estimate of $-0.27, which surprised analysts.

Revenue was up $13.87 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23, which was followed by a 11.48% increase in the share price the next day.

Here's a look at Farmer Bros's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.37 -0.44 -0.36 -0.13
EPS Actual -0.14 -0.61 -0.78 -0.95
Revenue Estimate 104.90M 97.40M 107.37M 108.40M
Revenue Actual 108.36M 102.86M 93.15M 104.57M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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