$0.09 EPS Expected for Farmer Bros. Co. (FARM)

September 16, 2018 - By Michael Collier

Farmer Bros. Co. (NASDAQ:FARM) LogoInvestors sentiment increased to 2.09 in Q2 2018. Its up 0.82, from 1.27 in 2018Q1. It is positive, as 6 investors sold Farmer Bros. Co. shares while 17 reduced holdings. 9 funds opened positions while 39 raised stakes. 9.73 million shares or 0.03% more from 9.73 million shares in 2018Q1 were reported.
Us Bancorp De has 42,948 shares. Invesco Limited holds 0% or 14,158 shares in its portfolio. 174 are held by Piedmont Inv Advsr Lc. Morgan Stanley holds 23,263 shares. Price T Rowe Associates Md holds 0% in Farmer Bros. Co. (NASDAQ:FARM) or 12,674 shares. Punch And Associates Mngmt Inc invested in 357,257 shares or 0.9% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 997 shares in its portfolio. 15,000 are owned by Covington Cap. Levin Strategies Lp reported 0.57% in Farmer Bros. Co. (NASDAQ:FARM). Rice Hall James Assocs Limited Liability Company invested in 70,886 shares. Teton Advisors Inc reported 239,354 shares stake. Gamco Invsts Et Al reported 89,700 shares. Dimensional Fund Lp holds 0.01% in Farmer Bros. Co. (NASDAQ:FARM) or 897,106 shares. Hodges Capital Management Inc holds 0.19% or 85,200 shares in its portfolio. 15,369 were accumulated by California State Teachers Retirement Systems.

Since June 11, 2018, it had 0 insider buys, and 3 sales for $1.88 million activity. Shares for $691,098 were sold by KEOWN MICHAEL H on Monday, June 11.

Analysts expect Farmer Bros. Co. (NASDAQ:FARM) to report $0.09 EPS on September, 27.They anticipate $0.10 EPS change or 52.63 % from last quarter’s $0.19 EPS. FARM’s profit would be $1.51M giving it 75.83 P/E if the $0.09 EPS is correct. After having $-0.20 EPS previously, Farmer Bros. Co.’s analysts see -145.00 % EPS growth. The stock decreased 1.09% or $0.3 during the last trading session, reaching $27.3. About 66,605 shares traded or 62.16% up from the average. Farmer Bros. Co. (NASDAQ:FARM) has declined 13.89% since September 16, 2017 and is downtrending. It has underperformed by 29.51% the S&P500.

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company has market cap of $458.15 million. The firm offers roast and ground coffee; frozen liquid coffee; flavored and unflavored iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and ready-to-drink iced coffee. It currently has negative earnings. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Direct Trade, Fair Trade Certified, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brand names, as well as under various private labels.

More notable recent Farmer Bros. Co. (NASDAQ:FARM) news were published by: 247Wallst.com which released: “What Will Coca-Cola Acquire Next?” on August 31, 2018, also Seekingalpha.com with their article: “Farmer Brothers Company (FARM) CEO Mike Keown on Q4 2018 Results – Earnings Call Transcript” published on September 12, 2018, Seekingalpha.com published: “Stocks To Watch: Apple Event, Chinese Auto IPO To Headline” on September 08, 2018. More interesting news about Farmer Bros. Co. (NASDAQ:FARM) were released by: Fool.com and their article: “Farmer Brothers (FARM) Q4 2018 Earnings Conference Call Transcript” published on September 12, 2018 as well as Benzinga.com‘s news article titled: “6 Stocks To Watch For September 12, 2018” with publication date: September 12, 2018.

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