Farmer Brothers (FARM) Reports Q1 Loss, Misses Revenue Estimates

Farmer Brothers (FARM) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -111.11%. A quarter ago, it was expected that this coffee and tea company would post a loss of $0.19 per share when it actually produced a loss of $0.02, delivering a surprise of +89.47%.Over the last four quarters, the ...