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

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

Armanino Foods of Distinction Stock Performance

Shares of AMNF traded up $0.08 during mid-day trading on Tuesday, reaching $10.75. 11,952 shares of the company were exchanged, compared to its average volume of 44,147. Armanino Foods of Distinction has a 52 week low of $8.75 and a 52 week high of $12.25. The stock has a market capitalization of $329.38 million, a PE ratio of 17.34 and a beta of 0.08. The business has a 50 day simple moving average of $10.30 and a two-hundred day simple moving average of $10.62.

About Armanino Foods of Distinction

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.