$7.12 Billion in Gross sales Anticipated for United Pure Meals, Inc. (NASDAQ:UNFI) This Quarter

Wall Avenue analysts predict that United Pure Meals, Inc. (NASDAQ:UNFI – Get Score) will put up $7.12 billion in gross sales for the present quarter, Zacks studies. 4 analysts have issued estimates for United Pure Meals’ earnings. The bottom gross sales estimate is $7.01 billion and the best is $7.36 billion. United Pure Meals posted gross sales of $6.62 billion throughout the identical quarter final 12 months, which suggests a optimistic 12 months over 12 months progress fee of seven.6%. The corporate is scheduled to announce its subsequent quarterly earnings outcomes earlier than the market opens on Monday, January 1st.

On common, analysts anticipate that United Pure Meals will report full 12 months gross sales of $28.65 billion for the present 12 months, with estimates starting from $28.56 billion to $28.81 billion. For the subsequent monetary 12 months, analysts anticipate that the enterprise will put up gross sales of $29.60 billion, with estimates starting from $29.41 billion to $29.86 billion. Zacks’ gross sales averages are a imply common based mostly on a survey of sell-side analysts that cowl United Pure Meals.

United Pure Meals (NASDAQ:UNFI – Get Score) final launched its quarterly earnings information on Wednesday, March ninth. The corporate reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.03. United Pure Meals had a internet margin of 0.84% and a return on fairness of 16.92%. The enterprise had income of $7.42 billion for the quarter, in comparison with analyst estimates of $7.19 billion.

Individually, StockNews.com raised shares of United Pure Meals from a “maintain” score to a “purchase” score in a analysis notice on Thursday, Could nineteenth.

Shares of UNFI opened at $44.42 on Friday. The corporate has a debt-to-equity ratio of 1.39, a fast ratio of 0.56 and a present ratio of 1.51. United Pure Meals has a twelve month low of $30.61 and a twelve month excessive of $57.89. The agency has a 50 day shifting common of $42.55. The corporate has a market capitalization of $2.59 billion, a price-to-earnings ratio of 11.63 and a beta of 0.94.

About United Pure Meals (Get Score)

United Pure Meals, Inc, along with its subsidiaries, distributes pure, natural, specialty, produce, and traditional grocery and non-food merchandise in america and Canada. It operates in two segments, Wholesale and Retail. The corporate affords grocery and common merchandise, produce, perishables and frozen meals, dietary dietary supplements and sports activities vitamin, bulk and foodservice merchandise, and private care objects.

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