United Natural Foods Beats Q1 Estimates On Positive Volume Trends, Lifts FY25 Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2024
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Source: Benzinga
Earnings Report: United Natural Foods Inc (UNFI) reported a 4.2% year-over-year sales increase to $7.87 billion for Q1 FY25, exceeding analyst expectations, with adjusted EPS of $0.16 beating the consensus loss estimate.
Revised Outlook: The company has updated its FY25 sales forecast to between $30.6 billion and $31.0 billion, along with an adjusted EPS range of $0.40 to $0.80, reflecting positive volume trends from new business.
Analyst Views on PSCC
Wall Street analysts forecast PSCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSCC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 32.991
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Current: 32.991
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
