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

Uniti (Delaware)

01/05/2024 14:34

* Uniti Group Inc  UNIT.OQ   UNIT.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 3 for the
period ending March 31 2024
    * The Little Rock Arkansas-based  company is expected to
report a
0.4% decrease in revenue to $288.795 million from $289.82
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG'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," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $5.50​, below​ its last closing price of $5.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.10        0.10       0.13      Beat    31
 Sep. 30 2023  0.11        0.11       -0.34     Missed  -402.2
 Jun. 30 2023  0.12        0.12       0.11      Missed  -4.7​
 Mar. 31 2023  0.00        0.01       0.13      Beat    870.1
 ​​Dec.        0.17        0.17       0.23      Beat    32.3
 31 2022                                                
 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
 This summary was machine generated May 1 at 13:34 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)