Mamamancini’s (MMMB) to Release Quarterly Earnings on Friday

Mamamancini’s (OTCMKTS:MMMB) is scheduled to be announcing its earnings results before the market opens on Friday, June 14th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

Mamamancini’s (OTCMKTS:MMMB) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $0.00 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.01). Mamamancini’s had a net margin of 1.93% and a negative return on equity of 38.65%. The firm had revenue of $6.90 million during the quarter, compared to the consensus estimate of $8.82 million. On average, analysts expect Mamamancini’s to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of OTCMKTS MMMB opened at $0.56 on Tuesday. Mamamancini’s has a twelve month low of $0.33 and a twelve month high of $1.25. The company has a market capitalization of $16.24 million, a PE ratio of 28.00 and a beta of 0.53.

Separately, Zacks Investment Research downgraded Mamamancini’s from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th.

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About Mamamancini’s

MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.

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Earnings History for Mamamancini`s (OTCMKTS:MMMB)

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