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

Armanino Foods of Distinction (OTCMKTS:AMNF) is anticipated to release 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 announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04. Armanino Foods of Distinction had a net margin of 24.57% and a return on equity of 46.16%. The firm had revenue of $21.70 million for the quarter, compared to the consensus estimate of $21.00 million. 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

AMNF opened at $12.03 on Wednesday. The stock has a market cap of $369.20 million, a price-to-earnings ratio of 19.10 and a beta of 0.09. The firm’s fifty day moving average is $11.84 and its 200 day moving average is $10.99. Armanino Foods of Distinction has a fifty-two week low of $8.75 and a fifty-two week high of $12.25.

About Armanino Foods of Distinction

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.