Unbelievable Earnings Surprise! United Natural Foods (NYSE: UNFI) Defies Analyst Predictions with Shocking $0.26 Beat
Investing.com – United Natural Foods (NYSE: UNFI) reported a first-quarter EPS of -$0.04, surpassing the analyst estimate of -$0.30 by $0.26. The quarterly revenue stood at $7.6 billion, slightly below the consensus estimate of $7.61 billion.
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United Natural Foods
Guidance
United Natural Foods anticipates FY 2024 EPS to range between -$0.88 and $0.38, deviating from the analyst consensus of -$0.12.
For FY 2024, the company forecasts revenue in the range of $30.90 billion to $31.50 billion, contrasting with the analyst consensus of $31.19 billion.
United Natural closed at $16.32, experiencing a 11.30% decline in the last three months and a significant 57.98% drop over the past 12 months.
Over the last 90 days, United Natural witnessed 0 positive EPS revisions and 6 negative EPS revisions. More information on the stock’s historical reactions to earnings can be found here.
As per InvestingPro, United Natural Foods’s Financial Health score indicates “good performance.”
Explore United Natural Foods’s recent earnings performance and financials by following this link.
For comprehensive information on upcoming earnings reports, refer to Investing.com’s earnings calendar.
