Armanino Foods of Distinction (OTCMKTS:AMNF) Issues Earnings Results

Armanino Foods of Distinction (OTCMKTS:AMNF) issued its earnings results on Tuesday. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04, Zacks reports. Armanino Foods of Distinction had a net margin of 24.57% and a return on equity of 46.90%. The company had revenue of $21.70 million during the quarter, compared to analyst estimates of $21.00 million.

Armanino Foods of Distinction Trading Up 6.0%

OTCMKTS AMNF traded up $0.65 on Thursday, reaching $11.40. The stock had a trading volume of 311 shares, compared to its average volume of 44,070. The business has a 50 day moving average price of $10.32 and a 200 day moving average price of $10.61. Armanino Foods of Distinction has a 1 year low of $8.75 and a 1 year high of $12.25. The company has a market capitalization of $349.27 million, a price-to-earnings ratio of 18.10 and a beta of 0.08.

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.