Amira Nature Foods (ANFI) Scheduled to Post Earnings on Thursday
Amira Nature Foods (NYSE:ANFI) will be posting its Q115 quarterly earnings results on Thursday, August 28th. Analysts expect Amira Nature Foods to post earnings of $0.16 per share and revenue of $131.07 million for the quarter.
Amira Nature Foods (NYSE:ANFI) last issued its quarterly earnings data on Monday, June 16th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.14. The company had revenue of $186.60 million for the quarter, compared to the consensus estimate of $162.20 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, analysts expect Amira Nature Foods to post $1.35 EPS for the current fiscal year and $1.72 EPS for the next fiscal year.
Shares of Amira Nature Foods (NYSE:ANFI) opened at 15.32 on Wednesday. Amira Nature Foods has a 52-week low of $8.80 and a 52-week high of $25.00. The stock’s 50-day moving average is $14.09 and its 200-day moving average is $15.46. The company has a market cap of $549.9 million and a P/E ratio of 14.35.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Amira Nature Foods from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $14.20 price target on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Amira Nature Foods in a research note on Monday, June 2nd. They now have a $16.00 price target on the stock, down previously from $18.00.
Amira Nature Foods Ltd. is a provider of packaged Indian specialty rice, with sales in over 40 countries.
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