Barfresh Food Group, Inc. Expected to Earn Q3 2024 Earnings of ($0.01) Per Share (NASDAQ:BRFH)

Barfresh Food Group, Inc. (NASDAQ:BRFH) – Investment analysts at Greenridge Global increased their Q3 2024 earnings per share estimates for Barfresh Food Group in a report released on Tuesday, October 8th. Greenridge Global analyst W. Gregozeski now expects that the company will earn ($0.01) per share for the quarter, up from their previous estimate of ($0.02). Greenridge Global currently has a “Buy” rating and a $4.50 target price on the stock. The consensus estimate for Barfresh Food Group’s current full-year earnings is ($0.12) per share. Greenridge Global also issued estimates for Barfresh Food Group’s FY2024 earnings at ($0.11) EPS.

Barfresh Food Group Price Performance

Shares of Barfresh Food Group stock opened at $2.78 on Thursday. Barfresh Food Group has a one year low of $1.00 and a one year high of $4.61. The stock’s 50-day moving average is $3.21 and its 200 day moving average is $2.59. The firm has a market cap of $40.92 million, a price-to-earnings ratio of -15.44 and a beta of 0.44.

Barfresh Food Group (NASDAQ:BRFH) last announced its earnings results on Wednesday, August 14th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Barfresh Food Group had a negative net margin of 29.91% and a negative return on equity of 131.72%. The business had revenue of $1.46 million for the quarter, compared to the consensus estimate of $2.27 million. During the same quarter in the previous year, the company earned ($0.06) EPS.

About Barfresh Food Group

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.