Barfresh Food Group, Inc. (NASDAQ:BRFH) Expected to Post Q1 2024 Earnings of ($0.05) Per Share

Barfresh Food Group, Inc. (NASDAQ:BRFHFree Report) – Equities research analysts at Greenridge Global issued their Q1 2024 earnings per share (EPS) estimates for shares of Barfresh Food Group in a research note issued to investors on Monday, March 4th. Greenridge Global analyst W. Gregozeski anticipates that the company will post earnings per share of ($0.05) for the quarter. The consensus estimate for Barfresh Food Group’s current full-year earnings is ($0.17) per share. Greenridge Global also issued estimates for Barfresh Food Group’s Q2 2024 earnings at ($0.04) EPS, Q3 2024 earnings at $0.00 EPS and FY2024 earnings at ($0.06) EPS.

Barfresh Food Group Stock Up 10.4 %

BRFH stock opened at $1.27 on Wednesday. The business’s 50-day moving average is $1.34 and its two-hundred day moving average is $1.62. Barfresh Food Group has a 1 year low of $1.00 and a 1 year high of $2.39.

Institutional Investors Weigh In On Barfresh Food Group

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. acquired a new stake in Barfresh Food Group in the 1st quarter valued at about $2,218,000. HighTower Advisors LLC acquired a new stake in Barfresh Food Group in the 1st quarter valued at about $620,000. Shay Capital LLC acquired a new stake in Barfresh Food Group in the 1st quarter valued at about $371,000. Northern Trust Corp acquired a new stake in Barfresh Food Group in the 2nd quarter valued at about $59,000. Finally, UBS Group AG acquired a new stake in Barfresh Food Group in the 1st quarter valued at about $25,000. Institutional investors and hedge funds own 21.33% of the company’s stock.

Barfresh Food Group Company Profile

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Barfresh Food Group, Inc manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. The company offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve. The company was founded in 2009 and is based in Los Angeles, California.

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