Unifi (UFI) Reports Q1 Loss, Misses Revenue Estimates

Unifi (UFI) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -68%. A quarter ago, it was expected that this polyester and nylon yarn maker would post a loss of $0.23 per share when it actually produced a loss of $0.22, delivering a surprise of 4.35%. Over the last four quarters, the company h ...