Farmer Bros: Q3 Earnings Insights

Farmer Bros FARM reported its Q3 earnings results on Wednesday, May 10, 2023 at 07:30 AM.

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

Farmer Bros missed estimated earnings by 42.5%, reporting an EPS of $-0.57 versus an estimate of $-0.4.

Revenue was up $4.84 million from the same period last year.

Last quarter the company missed on EPS by $0.17 which was followed by a 11.29% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.56	-0.33	-0.33	-0.28
EPS Actual	-0.73	-0.39	-0.21	-0.23
Revenue Estimate	130.80M	118.80M	110.90M	116.00M
Revenue Actual	132.69M	121.38M	122.99M	119.40M

To track all earnings releases for Farmer Bros visit their earnings calendar here.

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

Earnings Calendar