01.10.2019 22:15:22

United Natural Foods Q4 adjusted earnings Miss Estimates

(RTTNews) - United Natural Foods (UNFI) released a profit for fourth quarter that dropped from last year.

The company's profit totaled $18.94 million, or $0.36 per share. This compares with $32.79 million, or $0.64 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 147.5% to $6.41 billion from $2.59 billion last year.

United Natural Foods earnings at a glance:

-EPS (Q4): $0.44 vs. $0.76 last year. -Analysts Estimate: $0.52 -Revenue (Q4): $6.41 Bln vs. $2.59 Bln last year.

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