UniFirst Q4 Earnings Down - Quick Facts

(RTTNews) - UniFirst Corp. (UNF) Wednesday reported a drop in earnings as well as revenues for the fourth quarter.

Both revenues and income from operations, excluding the effect of the extra week in the previous fiscal year, increased 7.4 percent.

Net earnings were $28.9 million, down from $30.6 million a year earlier. Per-share earnings decreased to $1.43 from $1.52 a year ago.

Analysts polled by Thomson-Reuters had a consensus earnings estimate of $1.31. Analysts' estimates typically exclude one-time items.

Revenues declined slightly to $351.9 million, from $352.9 million last year, but were above the $342.83 million Wall Street expected.

For fiscal 2015, the company expects earnings of $5.75 to $6.00 on revenues of $1.45 billion to $1.47 billion.

Analysts expect annual earnings of $6.04 on revenues of $1.46 billion.