Unifi Inc reports results for the quarter ended March 31 - Earnings Summary

• Unifi Inc UFI.N reported a quarterly adjusted loss of 76 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -57 cents. The lone analyst forecast for the quarter was for a loss of 83 cents per share.

• Revenue fell 1.6% to $146.56 million from a year ago; analysts expected $145.10 million.

• Unifi Inc's reported EPS for the quarter was a loss of 92 cents​.

• The company reported a quarterly loss of $16.79 million.

• Unifi Inc shares had risen by 7.7% this quarter and lost 17.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1,085.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• Wall Street's median 12-month price target for Unifi Inc is $12.00

This summary was machine generated from LSEG data April 30 at 10:26 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)