Farmer Bros Co (FARM, Financial) is set to release its Q4 2024 earnings on Sep 12, 2024. The consensus estimate for Q4 2024 revenue is $81.87 million, and the earnings are expected to come in at -$0.27 per share. The full year 2024's revenue is expected to be $338.52 million and the earnings are expected to be -$0.24 per share. More detailed estimate data can be found on the Estimates page.
Farmer Bros Co (FARM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Farmer Bros Co (FARM) for the full year 2024 have been revised upward from $337.90 million to $338.52 million, and for 2025 from $347.30 million to $350.00 million. During the same period, earnings estimates have been revised downward, from -$0.18 per share to -$0.24 per share for the full year 2024, and from -$0.47 per share to -$0.58 per share for 2025.
Farmer Bros Co (FARM, Financial) Reported History
In the previous quarter of March 31, 2024, Farmer Bros Co's (FARM) actual revenue was $85.36 million, which missed analysts' revenue expectations of $88.50 million by -3.55%. Farmer Bros Co's (FARM) actual earnings were -$0.03 per share, which beat analysts' earnings expectations of -$0.16 per share by 81.25%. After releasing the results, Farmer Bros Co (FARM) was down by -3.02% in one day.
Farmer Bros Co (FARM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Farmer Bros Co (FARM) is $6 with a high estimate of $6 and a low estimate of $6. The average target implies an upside of 133.46% from the current price of $2.57.
Based on GuruFocus estimates, the estimated GF Value for Farmer Bros Co (FARM, Financial) in one year is $5, suggesting an upside of 94.55% from the current price of $2.57.
Based on the consensus recommendation from 2 brokerage firms, Farmer Bros Co's (FARM, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
