Uniti Group Inc expected to post earnings of 12  cents a share - Earnings Preview

Uniti (Delaware)

01/08/2023 18:25

* Uniti Group Inc  UNIT.OQ   UNIT.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 3. 
    * The Little Rock Arkansas-based  company is expected to
report  a
2.3% increase in revenue to $290.382 million from $283.98
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 12 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $5​, below​ its last closing price of $5.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.00        0.01       0.13      Beat    870.1
 Dec. 31 2023  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.        0.17        0.17       0.21      Beat    21.2
 31 2022                                                
 Dec. 31 2021  0.12        0.12       0.15      Beat    28.9​
 Sep. 30 2021  0.17        0.17       0.17      Met     2
 Jun. 30 2021  0.20        0.22       0.09      Missed  -59.6
 This summary was machine generated August 1 at 17:25 GMT.  All
figures in US dollars  unless otherwise stated