In This Article:
Farmer Bros (NASDAQ:FARM) Full Year 2024 Results
Key Financial Results
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Revenue: US$341.1m (flat on FY 2023).
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Net loss: US$3.88m (loss narrowed by 89% from FY 2023).
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US$0.19 loss per share (improved from US$1.74 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Farmer Bros EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are down 13% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Farmer Bros (2 are a bit concerning) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.