Armanino Foods of Distinction (OTCMKTS:AMNF) Announces Earnings Results, Beats Estimates By $0.03 EPS

Armanino Foods of Distinction (OTCMKTS:AMNF) announced its quarterly earnings data on Tuesday. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03, Zacks reports. Armanino Foods of Distinction had a return on equity of 46.16% and a net margin of 24.57%.

Armanino Foods of Distinction Trading Down 0.8%

Shares of AMNF traded down $0.10 during trading hours on Tuesday, reaching $12.25. The company had a trading volume of 9,691 shares, compared to its average volume of 36,468. The firm has a 50 day simple moving average of $11.89 and a 200-day simple moving average of $11.00. The company has a market capitalization of $375.95 million, a price-to-earnings ratio of 19.44 and a beta of 0.09. Armanino Foods of Distinction has a 12-month low of $8.75 and a 12-month 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.