United Natural Foods Inc reports results for the quarter ended October 31 - Earnings Summary

United Natural Foods

10/12/2024 14:31

* United Natural Foods Inc  UNFI.N  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended October
31, higher than the same quarter last year, when the company
reported EPS of -4 cents.  The mean expectation of
eleven analysts for the quarter was for a loss of 2 cents per
share. Wall Street expected results to range from -12 cents to 9
cents per share.
    * Revenue rose 4.2% to $7.87 billion from a year ago;
analysts
expected $7.61 billion. 
    * United Natural Foods Inc's reported EPS for the quarter
was a
loss of 35 cents​.
    * The company reported a quarterly loss of $21 million.
    * United Natural Foods Inc shares had risen by 46.7% this
quarter and gained 52.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 118.5% in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the food retail &
distribution peer group is also "hold"

Wall Street's median 12-month price target for United Natural
Foods Inc is $21.00 
This summary was machine generated from LSEG data December 10 at
02:31 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
 Oct. 31 2024      -0.02          0.16           Beat
 Jul. 31 2024      -0.10          0.01           Beat
 Apr. 30 2024      0.03           0.10           Beat
 Jan. 31 2024      -0.01          0.07           Beat