Farmer Bros (NASDAQ:FARM) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Farmer Bros beat estimated earnings by 79.31%, reporting an EPS of $-0.06 versus an estimate of $-0.29.

Revenue was down $39.49 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.23 which was followed by a 18.68% increase in the share price the next day.

Here's a look at Farmer Bros's past performance:

To track all earnings releases for Farmer Bros visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.