Brokerages predict that Amplify Snack Brands, inc. (NYSE:BETR) will post earnings of $0.06 per share for the current quarter, according to Zacks. Four analysts have made estimates for Amplify Snack Brands, inc.’s earnings, with estimates ranging from $0.05 to $0.06. Amplify Snack Brands, inc. reported earnings of $0.09 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 33.3%. The firm is expected to report its next quarterly earnings report on Wednesday, March 14th.

On average, analysts expect that Amplify Snack Brands, inc. will report full-year earnings of $0.26 per share for the current year, with EPS estimates ranging from $0.25 to $0.26. For the next fiscal year, analysts expect that the firm will report earnings of $0.29 per share, with EPS estimates ranging from $0.25 to $0.31. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Amplify Snack Brands, inc..

Amplify Snack Brands, inc. (NYSE:BETR) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.02). The business had revenue of $94.86 million for the quarter, compared to analysts’ expectations of $97.70 million. Amplify Snack Brands, inc. had a net margin of 2.92% and a return on equity of 25.78%. Amplify Snack Brands, inc.’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 EPS.

A number of equities research analysts have weighed in on the company. Berenberg Bank assumed coverage on Amplify Snack Brands, inc. in a research report on Thursday, November 16th. They set a “hold” rating and a $5.00 target price for the company. Zacks Investment Research raised Amplify Snack Brands, inc. from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. SunTrust Banks, Inc. lowered Amplify Snack Brands, inc. from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. Jefferies Group LLC set a $10.00 target price on Amplify Snack Brands, inc. and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, BidaskClub lowered Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. Amplify Snack Brands, inc. currently has a consensus rating of “Hold” and an average price target of $8.75.

COPYRIGHT VIOLATION WARNING: This story was originally published by Watch List News and is the property of of Watch List News. If you are reading this story on another publication, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The correct version of this story can be read at https://www.watchlistnews.com/0-06-earnings-per-share-expected-for-amplify-snack-brands-inc-betr-this-quarter/1723677.html.

In other Amplify Snack Brands, inc. news, insider Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $7.01, for a total transaction of $280,400.00. Following the completion of the sale, the insider now directly owns 1,313,866 shares of the company’s stock, valued at approximately $9,210,200.66. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 57.40% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in shares of Amplify Snack Brands, inc. by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 11,124 shares of the company’s stock worth $107,000 after acquiring an additional 1,667 shares in the last quarter. Verition Fund Management LLC bought a new position in shares of Amplify Snack Brands, inc. in the 2nd quarter worth $119,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Amplify Snack Brands, inc. in the 3rd quarter worth $102,000. American International Group Inc. raised its position in shares of Amplify Snack Brands, inc. by 7.1% in the 1st quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after acquiring an additional 1,186 shares in the last quarter. Finally, Nationwide Fund Advisors raised its position in shares of Amplify Snack Brands, inc. by 8.3% in the 2nd quarter. Nationwide Fund Advisors now owns 18,094 shares of the company’s stock worth $174,000 after acquiring an additional 1,391 shares in the last quarter. 92.98% of the stock is owned by hedge funds and other institutional investors.

Shares of Amplify Snack Brands, inc. (BETR) opened at $5.22 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.94 and a debt-to-equity ratio of 6.51. The firm has a market capitalization of $400.61, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 1.62 and a beta of 2.10. Amplify Snack Brands, inc. has a 1 year low of $4.78 and a 1 year high of $11.35.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Get a free copy of the Zacks research report on Amplify Snack Brands, inc. (BETR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Amplify Snack Brands inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Snack Brands inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.