United Natural Foods Inc reports results for the quarter ended January 31 - Earnings Summary

• United Natural Foods Inc UNFI.N reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of eleven analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 13 cents to 28 cents per share.

• Revenue rose 4.9% to $8.16 billion from a year ago; analysts expected $7.96 billion.

• United Natural Foods Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $3 million.

• United Natural Foods Inc shares had fallen by 5.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "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 $30.00

This summary was machine generated from LSEG data March 11 at 01:31 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)