Farmer Bros. (FARM) Expected to Announce Quarterly Earnings on Thursday

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

Farmer Bros. (NASDAQ:FARM) last announced its earnings results on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.01). The firm had revenue of $85.07 million during the quarter, compared to analyst estimates of $84.80 million. Farmer Bros. had a negative return on equity of 35.41% and a negative net margin of 2.20%. During the same quarter in the previous year, the business earned ($0.06) earnings per share. 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 opened at $1.81 on Tuesday. The stock has a fifty day moving average of $1.86 and a 200-day moving average of $2.14. The firm has a market capitalization of $38.64 million, a P/E ratio of -5.03 and a beta of 1.78. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.57. Farmer Bros. has a 12-month low of $1.60 and a 12-month high of $3.86.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Farmer Bros. in a research note on Saturday. 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.