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

Armanino Foods of Distinction (OTCMKTS:AMNF) posted its earnings results on Tuesday. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate 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 0.3%

Shares of Armanino Foods of Distinction stock traded up $0.03 during mid-day trading on Tuesday, reaching $10.70. 11,952 shares of the stock traded hands, compared to its average volume of 44,147. The business has a 50-day moving average of $10.30 and a 200 day moving average of $10.62. The stock has a market capitalization of $327.85 million, a PE ratio of 17.26 and a beta of 0.08. Armanino Foods of Distinction has a fifty-two week low of $8.75 and a fifty-two week high of $12.25.

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.