United Natural Foods Inc reports results for the quarter ended April 30 - Earnings Summary

• United Natural Foods Inc UNFI.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of twelve analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 16 cents to 26 cents per share.

• Revenue rose 7.5% to $8.06 billion from a year ago; analysts expected $7.78 billion.

• United Natural Foods Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $7 million.

• United Natural Foods Inc shares had fallen by 5.3% this quarter and lost 5.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11% 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 2 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is "buy."

• Wall Street's median 12-month price target for United Natural Foods Inc is $30.00

This summary was machine generated from LSEG data June 10 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)