Benzinga | Sep 9, 2020 10:18AM EDT

Earnings Preview for Farmer Bros

On Thursday, September 10, Farmer Bros (NASDAQ:FARM) will release its latest earnings report. Benzinga's outlook for Farmer Bros is included in the following report.

Earnings and Revenue

Analysts covering Farmer Bros have modeled for quarterly EPS loss of $0.39 on revenue of $89.65 million. Farmer Bros reported a per-share loss of $0.52 when it published results during the same quarter last year. Sales in that period totaled $142.05 million. If the company were to report in-line earnings when it publishes results Thursday, earnings would be up 25.0%. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019EPS Estimate -0.21 -0.21 -0.14 -0.19EPS Actual -0.18 -0.20 -0.45 -0.52Revenue Estimate 139.29 M 151.09 M 136.78 M 144.29 MRevenue Actual 129.14 M 152.50 M 138.60 M 142.05 M

Stock Performance

Over the last 52-week period, shares are down 45.18%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Farmer Bros is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/ugsarwnu