UniFirst Corp reports results for the quarter ended February 28 - Earnings Summary

• UniFirst Corp UNF.N reported quarterly adjusted earnings of $1.40​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of six analysts for the quarter was for earnings of $1.34 per share. Wall Street expected results to range from $1.30 to $1.39 per share.

• Revenue rose 1.9% to $602.22 million from a year ago; analysts expected $602.80 million.

• UniFirst Corp's reported EPS for the quarter was $1.31​.

• The company reported quarterly net income of $24.46 million.

• UniFirst Corp shares had risen by 0.8% this quarter and gained 2.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% 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," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "hold"

• Wall Street's median 12-month price target for UniFirst Corp is $187.00

This summary was machine generated from LSEG data April 2 at 01:30 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)