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

Uniti (Delaware)

06/08/2021 18:57

* Uniti Group Inc  UNIT.OQ  reported quarterly adjusted earnings
of 20 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 22 cents per share.
* Revenue rose 0.5% to $268.18 million from a year ago; 
analysts expected $270.46 million. 
* Uniti Group Inc's reported EPS for the quarter was 19 cents​.
* The mean earnings estimate of analysts had risen by
about 11.9% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Uniti Group Inc shares had risen by 13.7% this quarter and
gained 2.6% so far this year.
* The company reported quarterly net income of $48.57 million.
* Wall Street's median 12-month price target for Uniti Group Inc
is $12.00 
* 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 August 6 at 05:57 p.m.  ​All
figures in US dollars unless otherwise stated