Unifi Inc expected to post a loss of 30 cents a share - Earnings Preview

Unifi

02/05/2023 03:00

* Unifi Inc  UFI.N   UFI  is expected to show a fall in
quarterly
revenue when it reports  results on May 3. 
    * The Greensboro North Carolina-based  company is expected
to
report  a 22.3% decrease in revenue to $155.91 million from
$200.78 million a year ago, according to the estimate from one
analyst, based on Refinitiv data. The company's guidance on
April 24 2023, for the period ended March 31, was for revenue
between $155.00 million and $157.00 million.
    * ​Refinitiv's mean analyst estimate for Unifi Inc is for a
loss
of 30 cents per share. 
    *  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Unifi Inc
is
$14​, above​ its last closing price of $8.43. ​​​

The company's guidance on April 24 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD-3 million and USD-2 million.The company's guidance on April
24 2023 for the period ended March 31 was for Earnings before
Interest, Taxes, Depreciation and Amortization of between USD155
million and USD5 million.
This summary was machine generated May 2 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated