American Italian Pasta (AIPC) reported first quarter EPS of $0.95 Thursday morning, down from $1.23 last year. The consensus estimate was for EPS of $0.77.
American Italian Pasta gapped up slightly this morning and has continued to climb in early trade. Shares are now up 1.47 at $36.60. The stock has risen past resistance and has set a new high for the year.
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