UNIT Earnings Prediction
The chart below shows how UNIT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UNIT sees a +0.55% change in stock price 10 days leading up to the earnings, and a +0.96% change 10 days following the report. On the earnings day itself, the stock moves by -2.82%. This data can give you a slight idea of what to expect for the next quarter's release.
UNIT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
292.25M
0.55%
-0.92%
Gross Margin
--
--
--
Operating Margin
51.91%
1.25%
-0.69%
Net Margin
4.18%
115.01%
-32.58%
EPS
0.05
114.71%
-28.57%
No Data Available
UNIT Earnings Analysis
Uniti Group Inc. Common Stock Corporation (UNIT.O) Earnings Conference Call
Positive
Strong Demand for Fiber Infrastructure: Unit delivered a solid quarter of performance led by the continued strong demand for our mission critical fiber infrastructure by various customers, including hyperscalers.
Strategic Fiber Business Growth: Our core recurring strategic fiber business grew 3% in the third quarter, fueled by exceptional growth in enterprise, wholesale, and dark fiber revenue of 10%, 14%, and 18%, respectively.
MRR Growth Projection: We remain on track to deliver 4% to 6% MRR growth for the fully year.
Financial Performance Overview: We reported consolidated revenues of $292 million, consolidated adjusted EBITDA of $235 million, and AFFO attributed to common shareholders of $87 million.
Quarterly Revenue and EBITDA: At Unit Fiber, we reported revenues of $69 million and adjusted EBITDA of $26 million during the third quarter.
Negative
Revenue Decline Analysis: Consolidated revenues reported at $292 million, reflecting a decline in net success-based capital intensity, ending the quarter at around 20%.
Stable Adjusted EBITDA Performance: Adjusted EBITDA remains unchanged, with expectations to end the year within previous guidance ranges provided, indicating no improvement in operational efficiency.
Capital Intensity Decline: The net capital intensity during the quarter was 21%, down from 41% in the same prior year period, suggesting a significant decrease in capital efficiency.
Capital Intensity Decline: The company reported a decline in consolidated net success-based capital intensity, indicating challenges in maintaining growth and profitability.
Corporate Expense Increase: There was a $2 million increase in corporate expenses due to higher than expected corporate SG&A expenses, impacting overall profitability.
UNIT FAQs
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UNIT Earning Call Sentiment
Uniti Group Inc. (UNIT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
UNIT.O
2.96%Positive
The earnings call summary presents a mixed picture: strong fiber demand and stable financials are offset by risks like regulatory hurdles and competitive pressures. The Q&A section reveals some optimism but lacks clarity on competitive dynamics and new market expansions. The unchanged revenue and EBITDA guidance, along with no explicit shareholder return plan, suggests limited immediate upside. Overall, the potential positives and negatives balance each other, leading to a neutral outlook for the stock price over the next two weeks.