Armanino Foods of Distinction (OTCMKTS:AMNF) Posts 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 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03, Zacks reports. Armanino Foods of Distinction had a net margin of 24.57% and a return on equity of 46.16%.

Armanino Foods of Distinction Price Performance

AMNF traded down $0.10 during midday trading on Tuesday, reaching $12.25. 9,691 shares of the company’s stock were exchanged, compared to its average volume of 36,468. The stock has a market capitalization of $375.95 million, a PE ratio of 19.44 and a beta of 0.09. The business’s 50-day moving average price is $11.89 and its 200 day moving average price is $11.00. Armanino Foods of Distinction has a 1-year low of $8.75 and a 1-year high of $12.35.

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.