Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Sandvik AB (SDVKY) and UniFirst (UNF) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does UniFirst (UNF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
UNF's first-quarter fiscal 2025 results benefit from higher revenues from the Core Laundry Operations segment.
I recommend a Hold rating for UniFirst Corporation. UNF reported 1.9% y/y revenue growth, but declining net wearer levels and a challenging pricing environment are concerns. Elevated operating expenses from technology and ERP investments may negatively impact near-term margins.
UniFirst Corporation (NYSE:UNF ) Q1 2025 Earnings Call Transcript January 8, 2025 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Andrew Wittmann - Baird Ronan Kennedy - Barclays Kartik Mehta - Northcoast Research Josh Chan - UBS Tim Mulrooney - William Blair Operator Good day and thank you for standing by. Welcome to the First Quarter 2025 UniFirst Earnings Conference Call.
While the top- and bottom-line numbers for UniFirst (UNF) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UniFirst (UNF) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.38 per share a year ago.
Cintas is proposing to pay $275 per share for all of Unifirst's outstanding common and Class B shares, according to the report.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for UniFirst (UNF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.