Uniti Group (UNIT) reported $294.95 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 4%. EPS of $0.34 for the same period compares to $0.11 a year ago. The reported revenue represents a surprise of +1.92% over the Zacks Consensus Estimate of $289.4 million. With the consensus EPS estimate being $0.36, the EPS surprise was -5.56%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Uniti Group (UNIT) came out with quarterly funds from operations (FFO) of $0.34 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -5.56%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.35 per share when it actually produced FFO of $0.32, delivering a surprise of -8.57%. Over the last four quar ...

Exhibit 99.1 Press Release Release date: August 1, 2024 Uniti Group Inc. Reports Second Quarter 2024 Results Second Quarter Consolidated Bookings Monthly Recurring Revenue of $1.1 Million Increased Approximately 50% From Prior Year Updates 2024 Outlook · Net Income of $18.3 Million for the Second Quarter · Net Income of $0.07 Per Diluted Common Share for the Second Quarter · AFFO of $0.34 Per Diluted Common Share for the Second Quarter LITTLE ROCK, Ark., August 1, 2024 (GLOBE NEWSWIRE) – Uniti Group Inc. (" ...

Second Quarter Consolidated Bookings Monthly Recurring Revenue of $1.1 Million Increased Approximately 50% From Prior Year Updates 2024 Outlook Net Income of $18.3 Million for the Second Quarter Net Income of $0.07 Per Diluted Common Share for the Second Quarter AFFO of $0.34 Per Diluted Common Share for the Second Quarter LITTLE ROCK, Ark., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (Nasdaq: UNIT) today announced its results for the second quarter 2024. "Uniti reported an ...

LITTLE ROCK, Ark., July 30, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the TD Cowen 10th Annual Communications Infrastructure Summit. The presentation is scheduled for 2:55 PM MDT / 4:55 PM EDT on August 13, 2024 in Boulder, CO. You may access a live webcast of the event on Uniti's Investor Relations website at investor.uniti.com. The webcast will be available for replay for a ...

You may access a live webcast of the event on Uniti's Investor Relations website at investor.uniti.com. The webcast will be available for replay for a limited time following the presentation. Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of March 31, 2024, Uniti owns approximately 141,000 fiber route ...

The upcoming report from Uniti Group (UNIT) is expected to reveal quarterly earnings of $0.36 per share, indicating an increase of 5.9% compared to the year-ago period. Analysts forecast revenues of $289.4 million, representing an increase of 2% year over year. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently s ...

John M Lund Photography Inc We now go over why we are upgrading the stock and also go over some viable alternatives for those willing to bet those miles and miles of fiber have some value. VAL Uniti Group Inc (UNIT) Price / Uniti Group Inc (UNIT) 200-Day Simple Moving Average 0.562 1.20 0.90 0.30 2018 2020 2022 2024 Seeking Alpha X Jul 8, 2024, 8:17 AM EDT Powered by YCHARTS Data by YCharts But both those points produced a lot of pain for the bears within 1 year. You have to add the earrying costs and the d ...

LITTLE ROCK, Ark., July 01, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that it will report its second quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on August 1, 2024. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. ABOUT UNITI INVESTOR AND MEDIA CONTACTS: Bill DiTullio, 501-850-0872 Vice President, Investor Relations & Treasury bill.ditullio@uniti.com The conference call will b ...

LITTLE ROCK, Ark., July 01, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (Nasdaq: UNIT) announced today that it will report its second quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on August 1, 2024. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. The conference call will be webcast live on Uniti's Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may re ...