Unifi Inc reports results for the quarter ended in September - Earnings Summary

Unifi

02/11/2023 16:21

* Unifi Inc  UFI.N  reported a quarterly adjusted loss of 73
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of -44
cents.  The lone analyst forecast for the quarter was for a loss
of 49 cents per share. 
    * Revenue fell 22.7% to $138.84 million from a year ago;
analysts
expected $146.29 million. 
    * Unifi Inc's reported EPS for the quarter was a loss of 73
cents​.
    * The company reported a quarterly loss of $13.27 million.
    * Unifi Inc shares had fallen by 7.7% this quarter and
lost 23.9%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 250%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Unifi Inc
is
$12.00 

This summary was machine generated from LSEG data November 2 at
04:20 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.49          -0.73          Missed
 Jun. 30 2023      -0.47          -0.39          Beat
 Mar. 31 2023      -0.30          -0.29          Beat
 Dec. 31 2022      -1.28          -1.00          Beat