Uniti Group (UNIT) Expected to Announce Earnings on Tuesday

Uniti Group (NASDAQ:UNIT - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect Uniti Group to post earnings of $0.35 per share and revenue of $295.39 million for the quarter. Uniti Group has set its FY 2025 guidance at 1.400-1.470 EPS.

Uniti Group (NASDAQ:UNIT - Get Free Report) last announced its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. Uniti Group had a net margin of 8.82% and a negative return on equity of 4.12%. The business had revenue of $293.32 million for the quarter, compared to analyst estimates of $294.59 million. On average, analysts expect Uniti Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Uniti Group Stock Performance

UNIT traded up $0.01 during trading on Thursday, reaching $4.93. 1,539,385 shares of the company's stock were exchanged, compared to its average volume of 2,686,425. The company's fifty day moving average price is $4.94 and its 200-day moving average price is $5.40. The firm has a market capitalization of $1.20 billion, a PE ratio of 12.02 and a beta of 1.57. Uniti Group has a fifty-two week low of $2.57 and a fifty-two week high of $6.31.

Wall Street Analysts Forecast Growth

Separately, Raymond James upgraded Uniti Group from an "outperform" rating to a "strong-buy" rating and upped their price objective for the company from $6.00 to $8.00 in a report on Monday, February 24th.

About Uniti Group

Uniti Group, Inc is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network.