UniFirst Corp reports results for the quarter ended November 30 - Earnings Summary

• UniFirst Corp UNF.N reported quarterly adjusted earnings of $2.40​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of $2.38. The mean expectation of six analysts for the quarter was for earnings of $2.22 per share. Wall Street expected results to range from $1.88 to $2.39 per share.

• Revenue rose 1.9% to $604.91 million from a year ago; analysts expected $606.62 million.

• UniFirst Corp's reported EPS for the quarter was $2.31​.

• The company reported quarterly net income of $43.11 million.

• UniFirst Corp shares had risen by 19.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.1% 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 $185.00

This summary was machine generated from LSEG data January 8 at 02:30 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)