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Farmer Brothers Co. Reports Decreased Profits in Q2 Earnings

Farmer Brothers Co. reports a profit decrease in Q2, with earnings down from last year. The report highlights a decline in EPS but a slight revenue increase.

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AI Rating:   4

Profit Margin and Earnings Per Share (EPS): Farmer Brothers Co. reported a profit of $0.21 million for the second quarter, significantly down from $2.70 million the previous year. This represents a notable decrease, raising concerns about the company's profitability moving forward.

The EPS also saw a decline, dropping from $0.13 per share last year to $0.01 this quarter. This decrease in EPS could negatively impact investor sentiment, as it indicates that the company's earnings generated per share have fallen sharply.

Revenue Growth: Despite the decrease in profits and EPS, Farmer Brothers Co. did manage to increase its revenue slightly by 0.6%, rising from $89.45 million last year to $90.02 million this year. While this shows some level of growth in sales, it may not be sufficient to offset the concerns raised by the profit decline.