United Natural Foods Likely To Post Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
United Natural Foods, Inc. (NYSE:UNFI) is expected to report a Q4 loss of 28 cents per share, compared to earnings of $1.27 per share a year ago. The company's revenue is projected to be $7.47 billion, up from $7.27 billion in the same period last year. The company's shares fell 2.1% to close at $18.85 on Friday. Several analysts have recently adjusted their price targets for the company, with most downgrading their ratings.
September 25, 2023 | 9:01 am
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NEGATIVE IMPACT
United Natural Foods is expected to report a Q4 loss, which could negatively impact its stock price. Several analysts have also downgraded their ratings and price targets for the company.
The expected Q4 loss for United Natural Foods is a negative signal for investors, which could lead to a decrease in the stock price. Additionally, the downgrades from analysts could further dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100