UniFirst Corp Reports Rise In Q2 Earnings

(RTTNews) - UniFirst Corp (UNF) revealed earnings for its second quarter that rose from last year.

The company said its bottom line came in at $28.27 million, or $1.38 per share. This was up from $22.52 million, or $1.10 per share, in last year's second quarter.

Analysts had expected the company to earn $1.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 31.3% to $419.26 million. This was up from $319.43 million last year.

UniFirst Corp earnings at a glance:

-Earnings (Q2): $28.27 Mln. vs. $22.52 Mln. last year. -Earnings Growth (Y-o-Y): 25.5% -EPS (Q2): $1.38 vs. $1.10 last year. -EPS Growth (Y-o-Y): 25.5% -Analysts Estimate: $1.13 -Revenue (Q2): $419.26 Mln vs. $319.43 Mln last year. -Revenue Change (Y-o-Y): 31.3%

-Guidance: Full year EPS guidance: $7.45 - $7.65 Full year revenue guidance: $1.660 - $1.670 Bln