United Natural Foods (NYSE:UNFI) reported its Q4 earnings results on Tuesday, September 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
United Natural Foods reported in-line EPS of $1.27 versus an estimate of $1.27.
Revenue was up $538.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 2.09% increase in the share price the next day.
Here's a look at United Natural Foods's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.97 | 1.14 | 0.56 | 0.80 |
| EPS Actual | 1.10 | 1.13 | 0.97 | 1.18 |
| Revenue Estimate | 7.10B | 7.15B | 6.80B | 6.85B |
| Revenue Actual | 7.24B | 7.42B | 7.00B | 6.74B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
United Natural Foods management provided guidance for FY 2023, expecting earnings between $4.85 and $5.15 per share.
To track all earnings releases for United Natural Foods visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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