UniFirst Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - UniFirst Corporation is set to release its third-quarter earnings results on July 2, with expected earnings of $2.09 per share, a decrease from $2.20 per share in the same period last year [1] - The company anticipates quarterly revenue of $614.5 million, an increase from $603.33 million a year earlier [1] - UniFirst announced a new $100 million share repurchase authorization on April 8 [1] Analyst Ratings - Barclays analyst downgraded UniFirst from Equal-Weight to Underweight, reducing the price target from $180 to $152 [4] - UBS analyst maintained a Neutral rating and raised the price target from $194 to $196 [4] - Baird analyst kept a Neutral rating but cut the price target from $218 to $197 [4] - JP Morgan analyst maintained an Underweight rating and raised the price target from $170 to $175 [4] Stock Performance - UniFirst shares increased by 0.2%, closing at $186.32 [2]