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UniFirst Corp Profit Falls In Q2

UniFirst Corp (UNF) announced earnings for second quarter that decreased from last year.

The company's profit totaled $47.61 million, or $2.48 per share. This compares with $58.38 million, or $2.85 per share, in last year's second quarter.

Analysts had expected the company to earn $1.52 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 $437.49 million from $419.26 million last year.

UniFirst Corp earnings at a glance:

-Earnings (Q2): $47.61 Mln. vs. $58.38 Mln. last year.
-EPS (Q2): $2.48 vs. $2.85 last year.
-Analysts Estimate: $1.52
-Revenue (Q2): $437.49 Mln vs. $419.26 Mln last year.

Full year EPS guidance: $7.65 - $7.90
Full year revenue guidance: $1.785 - $1.795 Bln

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