* United Natural Foods Inc reported quarterly adjusted earnings of 10 cents per share for the quarter ended in April, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of ten analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -6 cents to 32 cents per share.
* Revenue fell 0.1% to $7.50 billion from a year ago; analysts expected $7.52 billion.
* United Natural Foods Inc's reported EPS for the quarter was a loss of 34 cents.
* The company reported a quarterly loss of $21 million.
* United Natural Foods Inc shares had risen by 5.7% this quarter and lost 25.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 57.9% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the food retail & distribution peer group is also "hold"
Wall Street's median 12-month price target for United Natural Foods Inc is $13.00 This summary was machine generated from LSEG data June 5 at 02:22 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Apr. 30 2024 0.03 0.10 Beat
Jan. 31 2024 -0.01 0.07 Beat
Oct. 31 2023 -0.31 -0.04 Beat
Jul. 31 2023 -0.29 -0.25 Beat
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