Picture of Uniti (Delaware) logo

UNIT Uniti (Delaware) News Story

0.000.00%
us flag iconLast trade - 00:00
TelecomsAdventurousMid CapSuper Stock

Uniti Group Inc reports results for the quarter ended June 30 - Earnings Summary

Uniti Group Inc UNIT.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 12 cents.  The mean expectation of six analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -57 cents to 25 cents per share.

Revenue rose 2% to $300.73 million from a year ago; analysts expected $303.81 million.

Uniti Group Inc's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $10.73 million.

Uniti Group Inc shares had risen by 12.9% this quarter and lost 11.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 84.9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is  "buy."

Wall Street's median 12-month price target for Uniti Group Inc is $9.38, about 13.7% above its last closing price of $8.09

This summary was machine generated from LSEG data August 5 at 01:30 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.01-0.07Missed
Mar. 31 20250.060.08Beat
Dec. 31 20240.180.15Missed
Sep. 30 20240.160.08Missed

Recent news on Uniti (Delaware)

See all news