UniFirst Corp Reports 11% Decline In Q4 Bottom Line

(RTTNews) - UniFirst Corp (UNF) reported earnings for fourth quarter that decreased from last year.

The company said its bottom line came in at $25.80 million, or $1.27 per share. This was lower than $28.94 million, or $1.43 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.3% to $363.77 million. This was up from $359.21 million last year.

UniFirst Corp earnings at a glance:

-Earnings (Q4): $25.80 Mln. vs. $28.94 Mln. last year. -Earnings Decline (Y-o-Y): -10.9% -EPS (Q4): $1.27 vs. $1.43 last year. -EPS Decline (Y-o-Y): -11.2% -Analysts Estimate: $1.23 -Revenue (Q4): $363.77 Mln vs. $359.21 Mln last year. -Revenue Change (Y-o-Y): 1.3%