Mamamancini’s (MMMB) Set to Announce Earnings on Monday

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Mamamancini’s (OTCMKTS:MMMB) is scheduled to release its earnings data before the market opens on Monday, December 9th. Analysts expect Mamamancini’s to post earnings of $0.02 per share for the quarter.

Mamamancini’s (OTCMKTS:MMMB) last announced its earnings results on Thursday, September 12th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. Mamamancini’s had a negative return on equity of 125.89% and a net margin of 3.76%. The company had revenue of $8.10 million for the quarter. On average, analysts expect Mamamancini’s to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of OTCMKTS MMMB opened at $0.71 on Wednesday. Mamamancini’s has a 12 month low of $0.33 and a 12 month high of $0.90. The company has a market cap of $20.69 million, a price-to-earnings ratio of 35.50 and a beta of 0.45. The business has a fifty day simple moving average of $0.66 and a 200-day simple moving average of $0.57.

A number of brokerages recently weighed in on MMMB. Taglich Brothers reissued a “speculative buy” rating on shares of Mamamancini’s in a research note on Tuesday, October 1st. ValuEngine upgraded Mamamancini’s from a “strong sell” rating to a “sell” rating in a report on Wednesday, November 20th. Finally, Zacks Investment Research lowered shares of Mamamancini’s from a “buy” rating to a “hold” rating in a research note on Wednesday.

About Mamamancini’s

MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.

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Earnings History for Mamamancini`s (OTCMKTS:MMMB)

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