Ennis (EBF) Announces Quarterly Earnings Results, Misses Estimates By $0.06 EPS
Ennis (NYSE:EBF) posted its quarterly earnings results on Monday. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.06, American Banking News.com reports. The company had revenue of $141.20 million for the quarter, compared to the consensus estimate of $146.00 million.
On the ratings front, analysts at TheStreet downgraded shares of Ennis from a “buy” rating to a “hold” rating in a research note on Wednesday, April 23rd.
Ennis (NYSE:EBF) traded down 1.03% during mid-day trading on Monday, hitting $15.43. The stock had a trading volume of 21,034 shares. Ennis has a 1-year low of $13.54 and a 1-year high of $19.59. The stock’s 50-day moving average is $15.17 and its 200-day moving average is $15.86. The company has a market cap of $404.3 million and a P/E ratio of 31.18.
Ennis, Inc (NYSE:EBF) and its subsidiaries print and manufacture a range of business forms and other business products and also manufacture a line of activewear for distribution throughout North America.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.