Earnings Preview For UniFirst
Portfolio Pulse from Benzinga Insights
UniFirst (NYSE:UNF) is scheduled to release its quarterly earnings report on March 27, 2024, with analysts predicting an EPS of $1.42. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but followed by a 2.69% drop in share price. Over the last year, UNF shares have declined by 3.23%, indicating a bearish sentiment among long-term investors.
March 26, 2024 | 6:00 pm
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UniFirst is expected to report an EPS of $1.42 for the upcoming quarter. Historical performance shows a mixed impact on stock prices post-earnings, with a recent drop of 2.69% after the last earnings beat.
Given UniFirst's mixed historical earnings performance and the recent downward trend in its stock price, the short-term impact of the upcoming earnings report is uncertain. The market's reaction may hinge more on the company's future guidance than the earnings beat or miss itself.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100