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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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