United Natural Foods Q3 2024 Adj EPS $0.10 Beats $0.03 Estimate, Sales $7.498B Miss $7.515B Estimate
Portfolio Pulse from Benzinga Newsdesk
United Natural Foods (NYSE:UNFI) reported Q3 2024 adjusted EPS of $0.10, beating the estimate of $0.03. However, sales of $7.498 billion missed the $7.515 billion estimate.
June 05, 2024 | 11:01 am
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United Natural Foods reported Q3 2024 adjusted EPS of $0.10, significantly beating the estimate of $0.03. However, sales of $7.498 billion slightly missed the $7.515 billion estimate.
The significant beat on EPS is likely to have a positive short-term impact on the stock price, despite the slight miss on sales. Investors often react more strongly to earnings beats.
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