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

Uniti (Delaware)

04/05/2023 15:23

* Uniti Group Inc  UNIT.OQ  reported quarterly adjusted
earnings
of 13 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 4.2% to $289.82 million from a year ago;
analysts
expected $286.47 million. 
    * Uniti Group Inc's reported EPS for the quarter was a loss
of 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 93.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Uniti Group Inc shares had fallen by 10.1% this
quarter and
lost 42.3% so far this year.
    * The company reported a quarterly loss of $19.45 million.
    * Wall Street's median 12-month price target for Uniti Group
Inc
is $7.00 
    * 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 from LSEG Refinitiv data May
4 at 02:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.01           0.13           Beat
 Dec. 31 2022      0.17           0.23           Beat
 Sep. 30 2022      0.18           -0.66          Missed
 Jun. 30 2022      0.18           0.21           Beat