UniFirst Corp expected to post earnings of $2.18 a share - Earnings Preview

UniFirst

01/01/2024 13:33

* UniFirst Corp  UNF.N   UNF  is expected to show a rise in
quarterly revenue when it reports  results on January 3 for the
period ending August 31 2023
    * The Wilmington Massachusetts-based  company is expected to
report a 8.8% increase in revenue to $589.637 million from
$541.8 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 $2.18 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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
$170.00​, below​ its last closing price of $182.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 28 2023  1.40        1.38       1.39      Beat    0.9​
 Nov. 30 2022  1.94        1.95       2.21      Beat    13.6
 ​​Aug.        1.73        1.73       1.79      Beat    3.3
 31 2022                                                
 May. 31 2022  1.90        1.90       1.77      Missed  -6.7​
 Feb. 28 2022  1.62        1.63       1.24      Missed  -23.9
 Nov. 30 2021  1.98        1.95       2.00      Beat    2.7
 This summary was machine generated January 1 at 13:32 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)