Farmer Bros. (FARM) to Release Quarterly Earnings on Thursday

Farmer Bros. (NASDAQ:FARM) is anticipated to announce its earnings results 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Farmer Bros. (NASDAQ:FARM) last posted its earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.01). Farmer Bros. had a negative return on equity of 35.41% and a negative net margin of 2.20%. The company had revenue of $85.07 million for the quarter, compared to analyst estimates of $84.80 million. During the same quarter in the previous year, the firm posted ($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. Stock Up 4.6 %

Farmer Bros. stock opened at $1.81 on Tuesday. The firm has a market capitalization of $38.64 million, a price-to-earnings ratio of -5.03 and a beta of 1.78. The company’s 50 day simple moving average is $1.86 and its 200 day simple moving average is $2.14. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.32 and a quick ratio of 0.58. Farmer Bros. has a fifty-two week low of $1.60 and a fifty-two week high of $3.86.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Farmer Bros. in a report on Saturday. They set 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.