Strength Seen in Uniti (UNIT): Can Its 12.7% Jump Turn into More Strength?

Company Overview - Uniti Group (UNIT) shares increased by 12.7% to $7.26 in the last trading session, with a higher-than-average trading volume, compared to a 1.4% gain over the past four weeks [1] - Uniti is expected to benefit from its merger with Windstream, creating a significant fiber provider with approximately 240,000 route miles, positioning the company to leverage favorable trends in the communications infrastructure industry, including convergence and Generative AI [2] Earnings Expectations - Uniti is projected to report quarterly earnings of $0.60 per share, reflecting a year-over-year increase of 650%, with revenues expected to reach $817.3 million, up 179.7% from the previous year [3] - The consensus EPS estimate for Uniti has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Uniti operates within the Zacks Wireless National industry, where T-Mobile (TMUS) recently closed down 3.9% at $242.9, with a 3.2% return over the past month [4] - T-Mobile's consensus EPS estimate has increased by 0.3% to $2.74, representing a 5% change from the previous year, and it also holds a Zacks Rank of 3 (Hold) [5]