Farmer Bros (NASDAQ:FARM) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Farmer Bros missed estimated earnings by 14.81%, reporting an EPS of $-0.31 versus an estimate of $-0.27, which surprised analysts.
Revenue was up $13.87 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23, which was followed by a 11.48% increase in the share price the next day.
Here's a look at Farmer Bros's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.37 | -0.44 | -0.36 | -0.13 |
| EPS Actual | -0.14 | -0.61 | -0.78 | -0.95 |
| Revenue Estimate | 104.90M | 97.40M | 107.37M | 108.40M |
| Revenue Actual | 108.36M | 102.86M | 93.15M | 104.57M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
