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

Key Points

• Armanino Foods of Distinction is expected to report quarterly results after the market closes on Thursday, with analysts forecasting $0.15 in earnings per share and $21.17 million in revenue.
• The company exceeded estimates in its previous quarter, reporting $0.18 EPS versus $0.14 expected and $21.70 million in revenue; analysts project full-year EPS of $0.57.
• AMNF shares were trading at $12.05, near their 52-week high of $12.25, with a market capitalization of approximately $369.9 million and a P/E ratio of 19.13.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) is expected to announce 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 - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates 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 Trading Up 0.9%

AMNF stock opened at $12.05 on Thursday. The firm has a market cap of $369.86 million, a P/E ratio of 19.13 and a beta of 0.09. The business's 50 day moving average is $11.81 and its 200-day moving average is $10.98. Armanino Foods of Distinction has a 1-year low of $8.75 and a 1-year 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.

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