Benzinga | Nov 5, 2020 04:52PM EST

Farmer Bros Q1 EPS $(0.37) Misses $(0.15) Estimate, Sales $97.27M Miss $99.92M Estimate

Farmer Bros (NASDAQ:FARM) reported quarterly losses of $(0.37) per share which missed the analyst consensus estimate of $(0.15) by 146.67 percent. This is a 17.78 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $97.27 million which missed the analyst consensus estimate of $99.92 million by 2.65 percent. This is a 29.82 percent decrease over sales of $138.60 million the same period last year.