United Natural Foods Inc expected to post earnings of 3 cents a share - Earnings Preview

United Natural Foods

03/06/2024 13:54

* United Natural Foods Inc  UNFI.N   UNFI.K  is expected
to show a
rise in quarterly revenue when it reports  results on June 5 for
the period ending April 30 2024
    * The Providence Rhode Island-based  company is expected to
report
a 0.1% increase in revenue to $7.515 billion from $7.51 billion
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for United Natural Foods Inc
is
for earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 11
"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 United
Natural
Foods Inc is $13.00​, above​ its last closing price of $12.01.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  -0.03       -0.01      0.07      Beat    584.8
 Oct. 31 2024  -0.32       -0.31      -0.04     Beat    87.1
 Jul. 31 2023  -0.30       -0.29      -0.25     Beat    12.4​
 Apr. 30 2023  0.67        0.68       0.54      Missed  -20.3
 ​​Jan.        1.43        1.46       0.78      Missed  -46.5
 31 2023                                                
 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. 30 2022  0.97        0.97       1.10      Beat    13.4
 This summary was machine generated June 3 at 12:54 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)