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UniFirst Corp Q3 adjusted earnings Beat Estimates

UniFirst Corp (UNF) reported a profit for its third quarter that rose from last year.

The company's bottom line came in at $36.36 million, or $1.85 per share. This compares with $24.36 million, or $1.19 per share, in last year's third quarter.

Excluding items, UniFirst Corp reported adjusted earnings of $31.12 million or $1.58 per share for the period.

Analysts had expected the company to earn $1.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $427.38 million from $409.83 million last year.

UniFirst Corp earnings at a glance:

-Earnings (Q3): $31.12 Mln. vs. $27.70 Mln. last year.
-EPS (Q3): $1.58 vs. $1.36 last year.
-Analysts Estimate: $1.56
-Revenue (Q3): $427.38 Mln vs. $409.83 Mln last year.

-Guidance:
Full year EPS guidance: $7.95 - $8.05
Full year revenue guidance: $1.680 - $1.687 Bln

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