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

Uniti (Delaware)

05/05/2022 14:32

* Uniti Group Inc  UNIT.OQ  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 2% to $278.03 million from a year ago; 
analysts
expected $278.43 million. 
    * Uniti Group Inc's reported EPS for the quarter was 20
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Uniti Group Inc shares had fallen by 9.4% this quarter and
lost 11.0% so far this year.
    * The company reported quarterly net income of $52.39
million.
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $13.75 
    * 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 May 5 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated