Uniti Group Inc expected to post earnings of 1 cent a share - Earnings Preview

Uniti (Delaware)

02/05/2023 19:38

* Uniti Group Inc  UNIT.OQ   UNIT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 4. 
    * The Little Rock Arkansas-based  company is expected to
report  a
3.0% increase in revenue to $286.469 million from $278.03
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Uniti Group Inc is
for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $7​, above​ its last closing price of $3.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.17        0.17       0.23      Beat    32.3
 Sep. 30 2022  0.18        0.18       -0.66     Missed  -467.9
 Jun. 30 2022  0.18        0.18       0.21      Beat    16.3​
 Mar. 31 2022  0.17        0.17       0.21      Beat    21.2
 ​​Dec.        0.12        0.12       0.15      Beat    28.9
 31 2021                                                
 Sep. 30 2021  0.17        0.17       0.17      Met     2​
 Jun. 30 2021  0.20        0.22       0.09      Missed  -59.6
 Mar. 31 2021  0.04        0.02       -0.02     Missed  -182.3
 This summary was machine generated May 2 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated