Unifi Earnings Preview
Portfolio Pulse from Benzinga Insights
Unifi (NYSE:UFI) is set to release its quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $-0.29. The company's past performance shows a pattern of share price drops following earnings reports. Shares of Unifi were trading at $7.31 as of August 21, with a 52-week drop of 42.76%.
August 22, 2023 | 4:00 pm
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NEGATIVE IMPACT
Unifi's upcoming earnings report could potentially impact its share price, given the historical pattern of price drops following earnings reports. The stock has been on a downward trend, with a 42.76% drop over the last 52 weeks.
Unifi's share price has historically dropped following earnings reports. Given that the company's shares have been on a downward trend over the past year, the upcoming earnings report could potentially exacerbate this trend, especially if the company fails to meet analysts' expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100