An
earnings surprise is the calculated difference between a firm’s expected
earnings numbers provided by Wall Street analysts and the actual reported
numbers. A significant surprise factor often triggers sharp movements in the
share price following the earnings release. For the most recent quarter, Amira
Nature Foods Ltd (NYSE:ANFI) reported earnings per share of $0.38 for the
fiscal period ending on 2014-12-31, an earnings surprise factor of 11.76%. The
actual number was $0.04 away from the brokerage firm consensus estimates. The
sales surprise factor in per share dollar terms was $11.4 for the most recent
quarter or 6.298%.
Amira Nature Foods Ltd (NYSE:ANFI) is next scheduled to report
quarterly earnings on 2015-06-29. Sell-side brokerages are expecting the
company to report earnings of $0.49 per share, according to the 3 covering
analysts that were polled by Zacks Research. Shareholders will be closely
monitoring how the estimates fluctuate leading up to the expected report date.
In terms of price targets, sell-side brokerage firms are
projecting that the stock will reach the range of $17-27. The average number
taken from the 3 surveyed analysts, often referred to as the consensus price
target, stands at $20.666.
Using a simplified 1 to 5 rating system produces a score of 1.33
for Amira Nature Foods Ltd, where 1 represents a Strong Buy rating and 5 would
indicate a Strong Sell rating. In taking a look at the recent analyst
sentiment, three months ago the rating mean stood at 1.33.
Amira Nature Foods Ltd. is a provider of packaged Indian
specialty rice, with sales in over 40 countries. It generates the majority of
its revenue through the sale of Basmati rice, a long-grain rice grown only in
certain regions of the Indian sub-continent. The Company sells its products,
primarily in emerging markets, through a distribution network. It sells its
Amira brand in more than 25 countries. for more information visit http://www.amirafoundation.org/
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