logo
Plus   Neg
Share
Email

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Snap Inc. (SNAP) Tuesday reported a narrower loss for the second quarter that also was better than Wall Street's expectations, as revenues surged on strong user growth. The company issued a strong revenue guidance for the current quarter, sending its shares up 10 percent in after-hours trade. California-based... Shares of Texas Instruments Inc. (TXN) gained over 6% in extended trading session on Tuesday after the analog chip maker reported a second-quarter profit and revenue that trumped analysts' expectations. The company also issued a strong financial outlook for the third quarter. Dallas, Texas-based Texas... Justin Sun, the entrepreneur who founded the cryptocurrency platform TRON, has postponed his charity lunch with billionaire investor Warren Buffett due to ill health. "TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones....
Follow RTT