Unifi Q4 2024 Adj EPS $(0.22) Misses $(0.21) Estimate, Sales $157.45M Miss $162.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Unifi (NYSE:UFI) reported Q4 2024 earnings with a loss of $(0.22) per share, missing the $(0.21) estimate. Sales were $157.45M, below the $162.00M estimate. Despite missing estimates, both earnings and sales showed improvement from the previous year.
August 21, 2024 | 8:17 pm
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Unifi's Q4 2024 earnings report showed a loss of $(0.22) per share, missing the $(0.21) estimate. Sales were $157.45M, below the $162.00M estimate. Despite missing estimates, both earnings and sales improved from the previous year.
Unifi's earnings and sales both missed analyst estimates, which is typically negative for stock prices. However, the improvement from last year's figures may mitigate some negative impact. The market may react negatively in the short term due to the missed estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100