Unifi (UFI) Reports Q2 Loss, Tops Revenue Estimates

Unifi (UFI) came out with a quarterly loss of $0.86 per share versus the Zacks Consensus Estimate of a loss of$ 0.55. This compares to loss of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -56.36%. A quarter ago, it was expected that this polyester and nylon yarn maker would post a loss of$ 0.25 per share when it actually produced a loss of $0.42, delivering a surprise of -68%.Over the last four quarters, the company h ...