Armanino Foods of Distinction (AMNF) Set to Post Earnings on Thursday

Armanino Foods of Distinction (OTCMKTS:AMNF) is projected to post its results after the market closes on Thursday, November 5th. Analysts expect Armanino Foods of Distinction to post earnings of $0.15 per share and revenue of $21.17 million for the quarter.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.04. The firm had revenue of $21.70 million during the quarter, compared to the consensus estimate of $21.00 million. Armanino Foods of Distinction had a net margin of 24.57% and a return on equity of 46.16%. On average, analysts expect Armanino Foods of Distinction to post $0.57 EPS for the current fiscal year and $0.61 EPS for the next fiscal year.

Armanino Foods of Distinction Stock Performance

OTCMKTS:AMNF traded up $0.04 during mid-day trading on Tuesday, hitting $12.02. 12,477 shares of the stock were exchanged, compared to its average volume of 36,688. The firm’s 50-day simple moving average is $11.84 and its 200 day simple moving average is $10.99. The stock has a market capitalization of $369.09 million, a price-to-earnings ratio of 19.09 and a beta of 0.09. Armanino Foods of Distinction has a fifty-two week low of $8.75 and a fifty-two week high of $12.25.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc manufactures and distributes specialty frozen Italian food products. Its offerings include pesto sauces, pasta and stuffed pasta, meatballs, Italian sauces, appetizers and other prepared foods.

The company serves a range of customers, including foodservice distributors, restaurants, supermarkets, institutional food operators and food manufacturers. Its products are marketed for retail, foodservice and industrial applications, with distribution primarily in the United States and select international markets.

Founded in 1968 and based in Hayward, California, Armanino Foods emphasizes prepared Italian foods designed to provide convenience while maintaining traditional flavors and ingredients.