Amplifon (OTCMKTS:AMFPF) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Amplifon (OTCMKTS:AMFPF) issued its quarterly earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.03), Zacks reports. The business had revenue of $687.81 million for the quarter, compared to analysts’ expectations of $622.52 million. Amplifon had a return on equity of 15.11% and a net margin of 6.58%.

Amplifon Stock Performance

Shares of AMFPF stock opened at $22.00 on Friday. Amplifon has a twelve month low of $22.00 and a twelve month high of $35.00. The company has a current ratio of 0.47, a quick ratio of 0.40 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $26.09 and its two-hundred day moving average is $27.18. The company has a market capitalization of $4.96 billion, a P/E ratio of 29.73 and a beta of 0.35.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Amplifon to a “hold” rating in a research note on Thursday, December 12th.

About Amplifon

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.