NEW YORK (TheStreet) -- Amira Nature Foods
(ANFI - Get Report) shares are 4.7% to $16.88 on Friday after reporting first quarter earnings of 26 cents per diluted share, 10 cents better than analysts were expecting.
The packaged Indian rice company reported revenue of $138.8 million, ahead of analysts expectations of $131.07 million.
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TheStreet Ratings team rates AMIRA NATURE FOODS LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:"We rate AMIRA NATURE FOODS LTD (ANFI) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: ANFI Ratings Report
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