Uniti Group (UNIT) Reports Q4 Loss, Tops Revenue Estimates

Uniti Group (UNIT) came out with a quarterly loss of $1.19 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -158.70%. A quarter ago, it was expected that this real estate investment trust would post a loss of $0.18 per share when it actually produced earnings of $0.16, delivering a surprise of +188.89%.Over the last four quarter ...