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UniFirst Corp reports results for the quarter ended November 30 - Earnings Summary

* UniFirst Corp  UNF.N  reported quarterly adjusted earnings
of
$2.40​​ per share for the quarter ended November 30, higher than
the same quarter last year, when the company reported EPS of
$2.38.  The mean expectation of six analysts for the quarter was
for earnings of $2.22 per share. Wall Street expected results to
range from $1.88  to $2.39 per share.
    * Revenue rose 1.9% to $604.91 million from a year ago;
analysts
expected $606.62 million. 
    * UniFirst Corp's reported EPS for the quarter was $2.31​.
    * The company reported quarterly net income of $43.11
million.
    * UniFirst Corp shares had risen by 19.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for UniFirst Corp is
$185.00 
This summary was machine generated from LSEG data January 8 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      2.22           2.40           Beat
 Aug. 31 2024      2.04           2.49           Beat
 May. 31 2024      1.86           2.24           Beat
 Feb. 29 2024      1.43           1.22           Missed

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