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UniFirst Boosts FY19 Outlook - Quick Facts

While reporting financial results for the second quarter on Wednesday, UniFirst Corp. (UNF) raised its earnings and revenue guidance for the full-year 2019.

For fiscal 209, the company now expects earnings in a range of $7.65 to $7.90 per share, based on better than expected results to date as well as the inclusion of the CRM Settlement. It also currently expects full-year revenues to be between $1.785 billion and $1.795 billion.

Previously, the company projected earnings in a range of $6.65 and $6.90 per share on revenues between $1.765 billion and $1.785 billion

On average, analysts polled by Thomson Reuters expect the company to report earnings of $6.94 per share on revenues of $1.78 billion for the year. Analysts' estimates typically exclude special items.

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