Amira Nature Foods Jumping Nearly 15% in After-Hours – Bests Q4 Expectations

Amira Nature Foods (ANFI) reported Q4 adjusted EPS of $0.47, better than the analyst consensus of $0.33 per share on Capital IQ. Revenue was $186.6 million, vs. expectations of $162.2 million.

For 2015, the company expects revenue and Adjusted EBITDA to increase by more than 20%. The company maintains its long term outlook for $1 billion in revenue and $150 million in Adjusted EBITDA as has been previously communicated to investors as part of its initial public offering. The outlook is based on current foreign exchange rates.

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Joseph Clements, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Joseph Clements, you can write at [Joseph.Clements@downtownleader.com ].

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