Uniti Group (UNIT) Tops Q3 Earnings Estimates
UnitiUniti(US:UNIT) ZACKS·2025-11-04 15:56

Core Viewpoint - Uniti Group reported quarterly earnings of $0.16 per share, surpassing the Zacks Consensus Estimate of a loss of $0.18 per share, marking an earnings surprise of +188.89% [1] - The company posted revenues of $722.6 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 17.78% [2] Financial Performance - The earnings of $0.16 per share compare to earnings of $0.08 per share a year ago, indicating growth [1] - Uniti has surpassed consensus EPS estimates only once in the last four quarters [2] - The company has not been able to beat consensus revenue estimates over the last four quarters [2] Stock Performance - Uniti shares have declined approximately 32.8% since the beginning of the year, while the S&P 500 has gained 16.5% [3] - The current Zacks Rank for Uniti is 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is -$0.19 on revenues of $864.06 million, and for the current fiscal year, it is -$0.36 on revenues of $2.34 billion [7] - The outlook for the industry, specifically the Wireless National sector, is currently in the bottom 30% of Zacks industries, which may impact stock performance [8] Industry Context - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another company in the same industry, Cogent Communications, is expected to report a quarterly loss of $1.15 per share, with revenues projected to be $245.64 million, down 4.5% from the year-ago quarter [9][10]