UniFirst Sees FY23 Adj. EPS Below View; Q4 Results Top Estimates

RTTNews | 945 gün önce
Stocktwits
UniFirst Sees FY23 Adj. EPS Below View; Q4 Results Top Estimates

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, UniFirst Corp. (UNF) initiated its earnings, adjusted earnings and revenues guidance for the full-year 2023.

For fiscal 2023, the company now projects earnings in a range of $5.50 to $5.90 per share and adjusted earnings in a range of $7.10 to $7.50 per share on revenues between $2.145 billion and $2.160 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $7.72 per share on revenues of $2.12 billion for the year. Analysts' estimates typically exclude special items.

For the fourth quarter, the company reported net income of $26.18 million or $1.39 per share, down from $34.61 million or $1.82 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.79 per share.

Total revenue for the quarter increased 11.0 percent to $516.41 million from $465.28 million in the same quarter last year.

The Street was looking for earnings of $1.73 per share on revenues of $512.12 million for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiketler: UNF
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Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | 4 dakika önce
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 33 dakika önce
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | 34 dakika önce
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
RTTNews | 49 dakika önce
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