UniFirst Again Boosts FY19 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the third quarter on Wednesday, UniFirst Corp. (UNF) again raised its earnings and revenue guidance for the full-year 2019.

For fiscal 2019, the company now expects earnings in a range of $8.75 to $8.85 per share, based on the current level of outstanding common shares and includes one extra week of operations compared to fiscal 2018 due to the timing of the Company's fiscal calendar.

The company also currently expects full-year revenues to be between $1.802 billion and $1.809 billion.

Previously, the company projected earnings in a range of $7.65 to $7.90 per share on revenues between $1.785 billion and $1.795 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $7.96 per share on revenues of $1.79 billion for the year. Analysts' estimates typically exclude special items.