United Natural Foods Inc expected to post a loss of 29 cents a share - Earnings Preview

United Natural Foods

22/09/2023 13:32

* United Natural Foods Inc  UNFI.N   UNFI.K  is expected
to show a
rise in quarterly revenue when it reports  results on September
26. 
    * The Providence Rhode Island-based  company is expected to
report
 a 2.7% increase in revenue to $7.467 billion from $7.27 billion
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for United Natural
Foods Inc
is for a loss of 29 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 13
"hold" and no "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 United
Natural
Foods Inc is $23​, above​ its last closing price of $19.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2023  0.67        0.68       0.54      Missed  -20.3
 Jan. 31 2023  1.43        1.46       0.78      Missed  -46.5
 Oct. 31 2022  1.16        1.15       1.13      Missed  -1.9​
 Jul. 31 2022  1.28        1.27       1.27      Met     0.3
 ​​Apr.        0.97        0.97       1.10      Beat    13.4
 30 2022                                                
 Jan. 31 2022  1.12        1.14       1.13      Missed  -0.7​
 Oct. 31 2021  0.59        0.56       0.97      Beat    71.9
 Jul. 31 2021  0.80        0.80       1.18      Beat    46.8
 This summary was machine generated September 22 at 12:32 GMT. 
All figures in US dollars  unless otherwise stated