Armanino Foods of Distinction (AMNF) Expected to Announce Earnings on Thursday

Armanino Foods of Distinction (OTCMKTS:AMNF) is expected to be issuing its resultson Thursday, April 16th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $18.1840 million for the quarter.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Thursday, March 19th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $19.50 million for the quarter, compared to analysts’ expectations of $19.40 million. Armanino Foods of Distinction had a net margin of 24.52% and a return on equity of 50.33%.

Armanino Foods of Distinction Stock Performance

OTCMKTS AMNF opened at $10.42 on Thursday. Armanino Foods of Distinction has a fifty-two week low of $7.27 and a fifty-two week high of $12.25. The stock has a market cap of $323.85 million, a PE ratio of 17.66 and a beta of 0.12. The firm’s fifty day moving average price is $11.02 and its two-hundred day moving average price is $10.84.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AMNF shares. Zacks Research raised shares of Armanino Foods of Distinction to a “hold” rating in a research note on Monday, January 26th. Roth Mkm started coverage on shares of Armanino Foods of Distinction in a research note on Friday, January 23rd. They issued a “buy” rating and a $15.00 price objective on the stock. Finally, Lake Street Capital started coverage on shares of Armanino Foods of Distinction in a research note on Thursday, February 26th. They issued a “buy” rating and a $15.00 price objective on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Armanino Foods of Distinction presently has an average rating of “Moderate Buy” and an average target price of $15.00.

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.