UniFirst Q1 EPS $2.26, Up From $1.81 YoY, Sales $593.52M Beat $589.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
UniFirst (NYSE:UNF) reported Q1 earnings of $2.26 per share, surpassing the consensus estimate of $2.18 and showing an increase from $2.21 per share YoY. Sales reached $593.52M, exceeding estimates of $589.64M and marking a 9.55% increase from the previous year.
January 03, 2024 | 1:06 pm
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POSITIVE IMPACT
UniFirst reported a strong Q1 with EPS and sales beating estimates, indicating robust financial performance and potential investor confidence.
The positive earnings report with both EPS and sales exceeding analyst expectations suggests a strong financial performance by UniFirst, which is likely to instill investor confidence and could lead to a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100