On Thursday 31st October 2024, Uniti Group (NASDAQ: UNIT) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
As per the projections made by financial experts on Wall Street, the firm is expected to announce an estimated $0.10 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $290.37 million.
The per-share income of $0.35 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $290.66 million recorded during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.17 billion. Additionally, they are expecting the company to achieve per share profit of $0.45 for the fiscal year.
The business has scheduled a conference call on 31st October 2024 at 08:30 AM eastern time to discuss Q3 financial results.
During Tuesday's trading, Uniti Group (UNIT) shares reached a low of $5.39 and a high of $5.63, along with a total volume of 1.95 million shares. The stock ended the regular trading session at $5.61, demonstrating an upturn of 2.94 percent.
