financetom
Business
financetom
/
Business
/
Update: UniFirst's Fiscal Q2 Income, Revenue Rise; Fiscal 2024 Outlook Adjusted; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: UniFirst's Fiscal Q2 Income, Revenue Rise; Fiscal 2024 Outlook Adjusted; Shares Rise
Mar 27, 2024 10:53 AM

01:42 PM EDT, 03/27/2024 (MT Newswires) -- (Updates with share price movement in the headline and first paragraph)

UniFirst ( UNF ) shares were up more than 2% in recent trading on Wednesday after the company reported fiscal Q2 income earlier in the day of $1.09 per diluted share, up from $0.95 a year earlier.

Four analysts polled by Capital IQ expected $1.23.

Revenue for the quarter ended Feb. 24 was $590.7 million, up from $542.7 million a year earlier.

Four analysts surveyed by Capital IQ expected $587.8 million.

For fiscal 2024, the company said it now expects diluted EPS in the range of $6.80 to $7.16, compared with its prior outlook of $6.52 to $7.16. Four analysts polled by Capital IQ expect $6.90.

Revenue for the fiscal year is now expected in the range of $2.42 billion to $2.43 billion, compared with its previous range of $2.42 billion to $2.44 billion. Four analysts surveyed by Capital IQ expect $2.42 billion.

Price: 170.94, Change: +3.79, Percent Change: +2.26

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Is Pet Food Company Freshpet's Stock Sliding Today?
Why Is Pet Food Company Freshpet's Stock Sliding Today?
May 26, 2025
Shares of pet food company Freshpet Inc ( FRPT ) were trading lower in premarket on Monday after the first-quarter FY25 earnings. The company reported a first-quarter revenue increase of 17.6% year over year to $263.25 million, beating the analyst consensus estimate of $260.12 million. The increase in net sales was primarily driven by volume gains of 14.9% and favorable price/mix...
Air Transat Adds Two New International Routes for Winter 2025-2026
Air Transat Adds Two New International Routes for Winter 2025-2026
May 26, 2025
09:10 AM EDT, 05/05/2025 (MT Newswires) -- Air Transat, a business unit of Transat A.T ( TRZBF ). (TRZ.TO), on Monday said it is adding two new international routes to its winter 2025-2026 program. The airline is introducing a route between Montreal and Guadalajara (GDL) in Mexico and extending its service between Montreal and Madrid (MAD) in Spain to cover...
Palantir Stock Is Trending Today: What's Going On?
Palantir Stock Is Trending Today: What's Going On?
May 26, 2025
Palantir Technologies Inc ( PLTR ) shares are trending on Monday ahead of earnings after the bell. Here’s a look at what you need to know. What To Know: Palantir ( PLTR ) stock is hovering near all-time highs in early trading Monday with earnings for the first quarter due after the market close. The stock touched all-time highs in...
MARA Bitcoin Mining Production Declines in April
MARA Bitcoin Mining Production Declines in April
May 26, 2025
09:14 AM EDT, 05/05/2025 (MT Newswires) -- MARA Holdings ( MARA ) reported Monday that it produced 705 bitcoin in April, down from 829 the previous month. The cryptocurrency mining company said production for the month declined 15% month-over-month decrease in blocks won. MARA said that as of the end of April it held 48,237 Bitcoin. Shares of MARA were...
Copyright 2023-2025 - www.financetom.com All Rights Reserved