HF Foods Group (NASDAQ:HFFG) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

HF Foods Group (NASDAQ:HFFG) announced its earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02, Zacks reports. The firm had revenue of $305.28 million for the quarter, compared to analyst estimates of $287.86 million. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%.

HF Foods Group Price Performance

HFFG traded up $0.56 during midday trading on Friday, hitting $2.26. 527,196 shares of the company traded hands, compared to its average volume of 66,586. The business has a 50 day simple moving average of $2.49 and a two-hundred day simple moving average of $3.12. HF Foods Group has a 52-week low of $1.70 and a 52-week high of $4.13. The company has a market capitalization of $119.17 million, a price-to-earnings ratio of -77.00 and a beta of 1.61. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43.

HF Foods Group Company Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.