Uniti Group Inc reports results for the quarter ended in December - Earnings Summary

Uniti (Delaware)

24/02/2023 14:32

* Uniti Group Inc  UNIT.OQ  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended in December. The
mean expectation of ten analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue fell 3.2% to $283.74 million from a year ago;
analysts
expected $285.76 million. 
    * Uniti Group Inc's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Uniti Group Inc shares had risen by 4.0% this quarter.
    * The company reported quarterly net income of $40.73
million.
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $7.50 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.23           Beat
 Sep. 30 2022      0.18           -0.66          Missed
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      0.17           0.21           Beat