UniFirst Corp expected to post earnings of $1.86 a share - Earnings Preview

UniFirst

24/06/2024 13:53

* UniFirst Corp  UNF.N   UNF  is expected to show a rise in
quarterly revenue when it reports  results on June 26 for the
period ending May 31 2024
    * The Wilmington Massachusetts-based  company is expected to
report a 4.3% increase in revenue to $601.286 million from
$576.67 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for UniFirst Corp is for
earnings
of $1.86 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for UniFirst
Corp is
$185.00​, above​ its last closing price of $153.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Feb. 29 2024  1.42        1.43       1.22      Missed  -14.4
 Nov. 30 2024  2.18        2.18       2.38      Beat    9.3
 Aug. 31 2023  1.63        1.63       1.75      Beat    7.4​
 May. 31 2023  1.77        1.79       1.66      Missed  -7.4
 ​​Feb.        1.40        1.38       1.39      Beat    0.9
 28 2023                                                
 Nov. 30 2022  1.94        1.95       2.21      Beat    13.6​
 Jan. 1 0001   1.73        1.73       1.79      Beat    3.3
 May. 31 2022  1.90        1.90       1.77      Missed  -6.7
 This summary was machine generated June 24 at 12:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)