Farmer Brothers (FARM) Reports Q2 Loss, Tops Revenue Estimates

Farmer Brothers (FARM) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.38%. A quarter ago, it was expected that this coffee and tea company would post a loss of $0.29 per share when it actually produced a loss of $0.06, delivering a surprise of 79.31%.Over the last four quarters, the compa ...