Earnings Preview: United Natural Foods

United Natural Foods UNFI unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for today's Q2 earnings announcement

Earnings and Revenue

Based on management's projections, United Natural Foods analysts model for earnings of 55 cents per share on sales of $2.45 billion.

In the same quarter last year, United Natural Foods announced EPS of 50 cents on revenue of $2.28 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 10 percent. Revenue would be have grown 7.17 percent from the same quarter last year.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.6 0.7 0.76 0.5
EPS Actual 0.6 0.72 0.77 0.5

 

Stock Performance

Over the last 52-week period, shares are up 3.52 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating from analysts on United Natural Foods stock is a Neutral. The strength of this rating has risen over the past three months.

Conference Call

United Natural Foods's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...