John B. Sanfilippo & Son (JBSS) Releases Earnings Results, Misses Expectations By $-0.01 EPS

John B. Sanfilippo & Son (JBSS) reported quarterly earnings results on Wednesday, Aug-24-2016. The company reported $0.64 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.65. The company posted revenue of $231.54 million in the period, compared to analysts expectations of $210.40 million. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.

John B. Sanfilippo & Son (JBSS) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $46.26 and reached the intraday high at $46.61. The bulls started the profit booking and pushed the shares to intraday low of $45.78. The trading session was marked by a volume range of 80,930 shares exchanging hands. The 52-week high of the shares is $72.84 and the 52-week low is $40.75. The market cap of the company stands at $517 M and there are 1,12,05,241 shares in public circulation.

In a different news, on Mar 2, 2016, Christopher Gardier (Sr. Vice President) sold 5,000 shares at $71.08 per share price. According to the SEC, on Feb 22, 2016, Michael G Cannon (Senior Vice President) sold 8,500 shares at $64.81 per share price. On Feb 18, 2016, Walter R Tankersley (Senior Vice President) sold 3,600 shares at $63.47 per share price, according to the Form-4 filing with the securities and exchange commission.

John B. Sanfilippo & Son Inc. is a processor and distributor of trees nuts and peanuts in the United States. These nuts are sold under a range of private labels and brand names including under the Fisher Orchard Valley Harvest and Sunshine Country brand names. The Company also markets and distributes and in most cases manufacture or process a diverse product line of food and snack products including peanut butter almond butter candy and confection natural snacks and trail mixes sunflower seeds dried fruit corn snacks sesame sticks and other sesame snack products under private labels and brand names. The Company’s products are sold through the distribution channels to buyers of nuts including food retailers commercial ingredient users contract packaging customers and international customers. The Company processes and sells all nut types consumed in the United States including peanuts pecans cashews walnuts and almonds in a range of packaging.

John B. Sanfilippo & Son

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