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.
ILLEGAL ACTIVITY WARNING: “Mamamancini’s (MMMB) to Release Quarterly Earnings on Friday” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2019/06/11/mamamancinis-mmmb-to-release-quarterly-earnings-on-friday.html.
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.
Featured Story: The role of implied volatility with call option volume
Receive News & Ratings for Mamamancini's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mamamancini's and related companies with MarketBeat.com's FREE daily email newsletter.