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Investing.com - Farmer Bros. Co reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Farmer Bros. Co announced earnings per share of $-0.21 on revenue of $122.99M. Analysts polled by Investing.com EPS of $-0.33 on revenue of $110.9M.
Farmer Bros. Co 's are down 19.95% and is trading at $5.39 , still down 41.92% from its 52 week high of $9.28 set on Monday, September 27, 2021.
Farmer Bros. Co follows other major Consumer Staples sector earnings this month
Farmer Bros. Co's report follows an earnings beat by Walmart on Tuesday, August 16, 2022, who reported EPS of $1.77 on revenue of $152.86B, EPS of $1.62 on revenue of $150.99B.
Estee Lauder had beat expectations on Thursday, August 18, 2022 with fourth quarter EPS of $0.42 on revenue of $3.56B, for EPS of $0.3219 on revenue of $3.42B.
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