Company Performance - Barfresh Food Group Inc. reported a quarterly loss of 0.01, representing an earnings surprise of -500% [1] - The company posted revenues of 1.92 million [2] - Over the last four quarters, Barfresh has surpassed consensus EPS estimates only once and has topped consensus revenue estimates two times [2] Stock Movement and Outlook - Barfresh Food Group shares have increased by approximately 12.9% since the beginning of the year, contrasting with the S&P 500's decline of -2.9% [3] - The current consensus EPS estimate for the upcoming quarter is -4.14 million, and for the current fiscal year, it is -18.11 million [7] - The estimate revisions trend for Barfresh is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Beverages - Soft drinks industry, to which Barfresh belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Barfresh Food Group Inc. (BRFH) Reports Q4 Loss, Misses Revenue Estimates