Workflow
UniFirst Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
UNFUniFirst(UNF) Benzinga·2024-12-27 08:28

Earnings and Financial Performance - UniFirst Corporation will release its first-quarter financial results on January 7, 2025, before the market opens [1] - Analysts expect the company to report quarterly earnings of 2.22pershare,downfrom2.22 per share, down from 2.37 per share in the same period last year [4] - The company projects quarterly revenue of 606.95million,comparedto606.95 million, compared to 593.52 million a year earlier [4] Stock Performance and Analyst Ratings - UniFirst shares fell 0.4% to close at 176.61onThursday[2]BairdanalystAndrewWittmannmaintainedaNeutralratingandraisedthepricetargetfrom176.61 on Thursday [2] - Baird analyst Andrew Wittmann maintained a Neutral rating and raised the price target from 199 to 200onOctober24,withanaccuracyrateof79200 on October 24, with an accuracy rate of 79% [3] - UBS analyst Joshua Chan maintained a Neutral rating and increased the price target from 186 to 190onJune27,withanaccuracyrateof62190 on June 27, with an accuracy rate of 62% [3] - JP Morgan analyst Andrew Steinerman maintained an Underweight rating and increased the price target from 170 to 175onJune27,withanaccuracyrateof77175 on June 27, with an accuracy rate of 77% [3] - Barclays analyst Manav Patnaik maintained an Equal-Weight rating and raised the price target from 160 to $180 on February 29, with an accuracy rate of 76% [3] Dividend and Shareholder Returns - UniFirst raised its quarterly cash dividend from 33 cents to 35 cents per share on October 29 [5]