United Natural Foods, Inc. (NYSE:UNFI) is set to announce fourth quarter earning results on Monday 28th September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UNFI to report 4Q20 income of $ 0.74 per share.
For the full year, analysts anticipate top line of $ 25476.80 million, while looking forward to income of $ 2.58 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 26,400.00 million ~ $ 26,600.00 million, where as bottomline are predicted in a range of $ 2.30 ~ $ 2.50 per share
Previous Quarter Performance
United Natural Foods, Inc. unfold income for the third quarter of $ 1.40 per share, from the revenue of $ 6,668.00 million. The quarterly earnings increased 129.51 percent while revenues improved 11.83 percent compared with the same quarter last year. analysts_est_eps The bottom line results beat street analysts by $ 0.26 or 22.81 percent.
On Friday, shares of United Natural Foods, Inc. has traded high as $ 18.07 and has cracked $ 17.49 on the downward trend, reaching $ 17.91 with volume of 1.06 million shares.
According to the previous trading day, closing price of $ 17.91, representing a 254.80 % increase from the 52 week low of $ 5.00 and a 24.12 % decrease over the 52 week high of $ 23.38.
The company has a market capital of $ 979.44 million and is part of the Consumer Defensive sector and Food Distribution industry.
Recent Analyst recommendations
- On 30th July 2020, initiated by MKM Partners at Buy rating, with $ 26.00 target price.
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.