Recap: Farmer Bros Q1 Earnings

Farmer Bros FARM reported its Q1 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Farmer Bros beat estimated earnings by 79.31%, reporting an EPS of $-0.06 versus an estimate of $-0.29.

Revenue was down $39.49 million from the same period last year.

Last quarter the company missed on EPS by $0.23 which was followed by a 18.68% increase in the share price the next day.

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

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	-0.61	-0.40	-0.56	-0.33
EPS Actual	-0.84	-0.57	-0.73	-0.39
Revenue Estimate	85.20M	134.00M	130.80M	118.80M
Revenue Actual	85.50M	124.23M	132.69M	121.38M

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