American Italian Pasta Co. (AIPC) said its first-quarter net income slipped to $20.70 million or $0.95 per share from $26.03 million or $1.23 per share a year ago. On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.77 for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the first quarter declined to $148.95 million from $171.21 million in the comparable period. Five analysts estimated revenues of $152.14 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.