Armanino Foods of Distinction (OTCMKTS:AMNF) Announces Quarterly Earnings Results

Armanino Foods of Distinction (OTCMKTS:AMNF) issued its earnings results on Tuesday. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04, Zacks reports. 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 25.06% and a return on equity of 47.01%.

Armanino Foods of Distinction Stock Up 0.7%

AMNF opened at $10.75 on Wednesday. Armanino Foods of Distinction has a 12 month low of $8.75 and a 12 month high of $12.25. The company has a fifty day simple moving average of $10.30 and a 200 day simple moving average of $10.61. The stock has a market cap of $329.38 million, a P/E ratio of 17.34 and a beta of 0.08.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle. It also provides frozen pasta, which includes beef cannelloni, cheese manicotti, cheese stuffed shells, cheese tortellini; pasta sheets, potato gnocchi, and tricolor cheese tortellini, as well as beef, butternut squash, four cheese, cheese and spinach, and wild mushroom ravioli; and various sauces, comprising creamy garlic, alfresco, Bolognese, chimichurri, harissa, and romesco.