Uniti Group (UNIT) to Release Earnings on Tuesday

Uniti Group (NASDAQ:UNIT) is expected to be issuing 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) last issued its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. Uniti Group had a negative return on equity of 4.12% and a net margin of 8.82%. The business had revenue of $293.32 million for the quarter, compared to the consensus estimate 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 Trading Up 0.6 %

Shares of UNIT stock opened at $4.96 on Friday. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 12.10 and a beta of 1.59. The firm has a 50-day moving average price of $4.91 and a 200 day moving average price of $5.39. Uniti Group has a twelve month low of $2.57 and a twelve month high of $6.31.

Analyst Ratings Changes

Separately, Raymond James raised shares of Uniti Group from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $6.00 to $8.00 in a research report on Monday, February 24th.

Uniti Group Company Profile

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.