United Natural Foods Inc reports results for the quarter ended October 31 - Earnings Summary

Reuters
2024-12-10

* United Natural Foods Inc reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of eleven analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -12 cents to 9 cents per share.

* Revenue rose 4.2% to $7.87 billion from a year ago; analysts expected $7.61 billion.

* United Natural Foods Inc's reported EPS for the quarter was a loss of 35 cents​.

* The company reported a quarterly loss of $21 million.

* United Natural Foods Inc shares had risen by 46.7% this quarter and gained 52.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 118.5% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the food retail & distribution peer group is also "hold"

Wall Street's median 12-month price target for United Natural Foods Inc is $21.00 This summary was machine generated from LSEG data December 10 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Oct. 31 2024 -0.02 0.16 Beat

Jul. 31 2024 -0.10 0.01 Beat

Apr. 30 2024 0.03 0.10 Beat

Jan. 31 2024 -0.01 0.07 Beat

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