Revenue Update on Ennis(NYSE:EBF)

Ennis(NYSE:EBF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Sep 27, 2016. Company reported revenue of $91.25M. Analysts estimated a revenue of $89.73M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.26.

Ennis (EBF) shares turned negative on Fridays trading session with the shares closing down -0.1 points or -0.59% at a volume of 1,86,454. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.08. The peak price level was also seen at $17.08 while the days lowest was $16.77. Finally the shares closed at $16.85. The 52-week high of the shares is $21.55 while the 52-week low is $15.99. According to the latest information available, the market cap of the company is $439 M.

Several Insider Transactions has been reported to the SEC. On Apr 27, 2016, Kenneth G Pritchett (director) sold 100 shares at $19.95 per share price.

Ennis Inc. (Ennis) prints and manufactures a range of business forms and other business products and also manufactures activewear for distribution throughout North America. The Company operates in two segments: Print and Apparel. The Print Segment distributes business products and forms throughout the United States primarily through independent dealers. This distributor channel consists of print distributors stationers quick printers computer software developers and advertising agencies among others. The Apparel Segment produces and sells activewear including t-shirts fleece goods and other wearables. Distribution of its activewear throughout the United States Canada and Mexico is primarily through sales representatives. The distributor channel consists of activewear wholesalers and screen printers. It offers a range of activewear apparel and hats with a variety of styles and colors in sizes ranging from toddler to 6XL. The apparel line features a variety of tees and fleece.

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