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 >
BRIEF-Saudi Aramco Completes Acquisition Of 10% Stake In Horse Powertrain
BRIEF-Saudi Aramco Completes Acquisition Of 10% Stake In Horse Powertrain
Dec 2, 2024
Dec 2 (Reuters) - SAUDI ARABIAN OIL CO: * ARAMCO COMPLETES ACQUISITION OF 10% STAKE IN HORSE POWERTRAIN LIMITED * INVESTMENT IS BASED ON A EUR 7.4 BILLION ENTERPRISE VALUATION OF HORSE POWERTRAIN * RENAULT GROUP AND GEELY (THROUGH GEELY HOLDING AND GEELY AUTO) EACH RETAIN A 45% EQUITY STAKE IN HORSE POWERTRAIN Further company coverage: ...
Amazon Web Services Launches New AI Features for Connect Customer Service Platform
Amazon Web Services Launches New AI Features for Connect Customer Service Platform
Dec 2, 2024
06:53 AM EST, 12/02/2024 (MT Newswires) -- Amazon ( AMZN ) Web Services said Sunday it launched new generative AI features for Amazon Connect, its cloud contact center platform. The company said the new tools are meant to offer more personalized, efficient, and proactive customer service. Amazon ( AMZN ) said Connect is now offering automated segmentation, delivering interactions...
BRIEF-Innovex International Acquires 80% Of Downhole Well Solutions
BRIEF-Innovex International Acquires 80% Of Downhole Well Solutions
Dec 2, 2024
Dec 2 (Reuters) - Innovex International Inc ( INVX ): * INNOVEX INTERNATIONAL INC ( INVX ) - ACQUIRES 80% OF DOWNHOLE WELL SOLUTIONS * INNOVEX INTERNATIONAL INC ( INVX ) - DEAL VALUED AT $103.7 MILLION, COMPLETED ON NOV 29 Source text: Further company coverage: ...
Arizona Metals Posts Drill Results From New Zone at Kay Deposit, Cancels Proposed Spin-Outs
Arizona Metals Posts Drill Results From New Zone at Kay Deposit, Cancels Proposed Spin-Outs
Dec 2, 2024
06:45 AM EST, 12/02/2024 (MT Newswires) -- Arizona Metals ( AZMCF ) on Monday released drill results from a new zone of mineralization called the Kay2 Zone at the Kay deposit in Arizona. Highlights of the results include 20.1 meters at 3.6 grams per tonne (g/t) gold equivalent, including 1.4 meters at 7.9 g/t gold equivalent. A second significant intersection...
Copyright 2023-2026 - www.financetom.com All Rights Reserved