LONDON, UK / ACCESSWIRE / January 16, 2018 / Active-Investors.com has just released a free earnings report on Ennis, Inc. (NYSE: EBF). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EBF. The Company posted its financial results on December 21, 2017, for the second quarter fiscal 2018. The printed business product supplier saw revenue and EPS surpassed analysts' expectations. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Ennis most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

For three months ended November 30, 2017, Ennis's revenues increased 5.5% to $93.61 million from $88.66 million in Q2 FY17. The Company's revenue surpassed analysts' expectations of $92.15 million.

In the first nine months of 2017, the Company's revenue increased 4.7% to $283.08 million from $270.32 million in the same period last year.

For the reported quarter, the Company's gross profit increased 5.6% to $29.88 million from $25.29 million in Q2 FY17. For the reported quarter, the Company's gross margin decreased 340 basis points to 28.5% of revenue from 31.9% of revenue in Q2 FY17.

In the first nine months of 2017, the Company's gross profit increased 14.6% to $90.59 million from $79.02 million in the same period last year.

During Q2 FY18, Ennis's earnings before interest, tax, depreciation, and amortization (EBITDA) increased 35.6% to $16.81 million from $12.40 million in the same period last year. For the reported quarter, the Company's EBITDA margin increased 400 basis points to 18% of revenue from 14% of revenue in Q2 FY17.

During Q2 FY18, Ennis's operating income increased 43.4% to $13.19 million from $9.20 million in the same period last year. For the reported quarter, the Company's operating margin increased 370 basis points to 14.1% of revenue from 10.4% of revenue in Q2 FY17.

In the first nine months of 2017, the Company's operating income increased 27.8% to $39.36 million from $30.80 million in the same period last year.

During Q2 FY18, Ennis's earnings before tax (EBT) increased 44.2% to $13.13 million from $9.11 million in the same period last year. For the reported quarter, the Company's EBT margin increased 370 basis points to 14% of revenue from 10.3% of revenue in Q2 FY17.

For the reported quarter, Ennis's net income increased 44.1% to $8.27 million on a y-o-y basis from $5.74 million in Q2 FY17. During Q2 FY18, the Company's diluted EPS increased 50% to $0.33, from $0.22 on a y-o-y basis in the same period last year. Diluted EPS surpassed analysts' expectations of $0.27.

In the first nine months of 2017, the Company's net income increased 28.1% to $24.60 million from $19.21 million in the same period last year. In the first nine months of 2017, the Company's diluted EPS increased 31.1% to $0.97 from $0.74 in the same period last year.

Balance Sheet

As on November 30, 2017, Ennis's cash increased 15.5% to $92.93 million from $80.47 million on February 28, 2017. For the reported quarter, the Company's long-term debt was $30.00 million, on par with $30.00 million in Q4 FY17.

For the reported quarter, the Company's net accounts receivable increased 2.8% to $38.41 million from $37.37 million in Q4 FY17. For the reported quarter, Ennis's accounts payable decreased 29.7% to $9.99 million from $14.20 million in Q4 FY17.

In the first nine months of 2017, the Company's net cash provided by operating activities decreased 20.5% to $33.82 million from $42.56 million in the same period last year.

On December 21, 2017, the Company's Board of Directors declared a quarterly cash dividend of $0.20 cents on its common stock, payable February 09, 2018, to shareholders of record on January 12, 2018.

Stock Performance Snapshot

January 12, 2018 - At Friday's closing bell, Ennis' stock marginally declined 0.24%, ending the trading session at $20.95.

Volume traded for the day: 111.88 thousand shares, which was above the 3-month average volume of 81.57 thousand shares.

Stock performance in the last month ? up 8.79%; previous three-month period ? up 5.26%; past twelve-month period ? up 28.36%; and year-to-date ? up 1.45%

After last Friday's close, Ennis' market cap was at $523.54 million.

Price to Earnings (P/E) ratio was at 16.76.

The stock has a dividend yield of 3.82%.

The stock is part of the Consumer Goods sector, categorized under the Office Supplies industry. This sector was up 0.3% at the end of the session.

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