Armanino Foods of Distinction (OTCMKTS:AMNF) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

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

Armanino Foods of Distinction Stock Up 0.7%

AMNF traded up $0.08 during trading on Tuesday, reaching $10.75. 11,952 shares of the stock traded hands, compared to its average volume of 44,147. The stock’s 50-day moving average is $10.30 and its 200 day moving average is $10.62. Armanino Foods of Distinction has a 12 month low of $8.75 and a 12 month 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.

Armanino Foods of Distinction Company Profile

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.