Armanino Foods of Distinction (OTCMKTS:AMNF) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Armanino Foods of Distinction (OTCMKTS:AMNF) issued its quarterly earnings data on Tuesday. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03, Zacks reports. Armanino Foods of Distinction had a net margin of 23.74% and a return on equity of 46.28%. The business had revenue of $21.70 million during the quarter, compared to the consensus estimate of $21.17 million.

Armanino Foods of Distinction Price Performance

Shares of OTCMKTS:AMNF opened at $12.35 on Thursday. The company’s fifty day moving average price is $11.92 and its 200 day moving average price is $11.00. Armanino Foods of Distinction has a 12 month low of $8.75 and a 12 month high of $12.75. The firm has a market capitalization of $378.92 million, a P/E ratio of 19.60 and a beta of 0.09.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc. produces and markets specialty Italian foods, with a focus on frozen products for retail, foodservice and industrial customers. Its offerings include pesto, filled pasta, sauces, meatballs and other Italian-inspired foods. The company sells its products through distributors and serves customers in the United States and international markets. Its business traces back to its establishment in 1986.