Uniti Group Q3 2024 FFO $0.33 Misses $0.34 Estimate, Sales $292.247M Beat $290.373M Estimate
Portfolio Pulse from Benzinga Newsdesk
Uniti Group reported Q3 2024 earnings per share of $0.33, missing the consensus estimate of $0.34, but sales of $292.247 million exceeded expectations of $290.373 million.
October 31, 2024 | 12:06 pm
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Uniti Group's Q3 2024 earnings per share missed estimates, but sales exceeded expectations. Earnings were $0.33 per share, below the $0.34 estimate, while sales were $292.247 million, above the $290.373 million estimate.
The earnings per share miss by $0.01 could negatively impact investor sentiment, but the sales beat might offset this. The mixed results suggest potential short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100